Whole Life Insurance

Base Policy
Premium Period
$1M *
$3M *
10 Pay
10 Years
65.0
59.5
15 Pay
15 Years
65.0
59.5
20 Pay
20 Years
65.0
59.5
65
Age 65
50.0
50.0
100
Age 100
65.0
59.5
Rider Policy
$1M *
$3M *
WP
59.5
59.5
ALIR
Same as base policy.
Same as base policy.
GIR
40.0
40.0
RTR
Same as base policy.
Same as base policy.

Guarantee

The monthly or annual cost remains the same for the term of the life insurance policy.

The face value remains the same for the term of the life insurance policy.

Savings accumulate per a guaranteed fixed interest crediting rate.

Standard Endorsement

The insurer may issue dividends (returns of premium) generated from operating profit to the policyowner annually.

The policyowner is indemnified with an advance of the death benefit when the insurer receives satisfactory proof that the insured has a terminal illness expected to result in death typically within two years or less.

If the insured has been totally disabled (as defined in the contract) for six continuous months, then the insurer will waive future premiums and/or refund prior premiums (as specified in the contract).

Optional Endorsement

The policyowner can purchase a participating paid-up additional whole life insurance policy annually.

The policyowner is indemnified with an advance of the death benefit when the insurer receives satisfactory proof that the insured has a chronic illness.

* The option is not available in all states.

The policyowner can increase the death benefit at specific ages and dates.

Issue Age Range
# of Dates
Ages
0 - 24
8
25, 28, 31, 34, 37, 40, 43, 46
25 - 27
7
28, 31, 34, 37, 40, 43, 46
28 - 30
6
31, 34, 37, 40, 43, 46
31 - 33
5
34, 37, 40, 43, 46
34 - 36
4
37, 40, 43, 46
37 - 39
3
40, 43, 46
40
2
43, 46

* The insured may accelerate the option due to becoming married or a parent. Options must be exercised within 30 days of anniversary date.

The policyowner can purchase a convertible term life insurance policy annually.