Product Highlights :
Guaranteed Universal Life (full underwriting) is a guaranteed universal life product allowing consumers to customize the length of the guarantee and premium structure. The money in the policy grows at a minimum 2-4% and partial withdrawals are allowed after the first policy year. Provides very competitive dialed down guarantees for ages 90 through 100.
Features:
Age last birthday
Maximum guarantee to age 120
Dial-a-guarantee (20 years up to age 120)
Catch up feature
Riders Included with the Policy
- Accelerated Death Benefit Rider for Terminal/Chronic Illness
- Waiver of Surrender Charges for Partial Withdrawals...........
Riders Available at an Additional Cost
- Disability Rider
- Guaranteed Insurability Rider
- Accidental Death Benefit Rider
- Dependent Children's Rider
Interest Rate: 2-4 percent
Maturity Age: 120
Partial Withdrawals: Available after the first policy year; fees apply
Loans: Available in years 2+; minimum loan amount is $100 (may not apply in all sates)
Five Good Reasons to Sell Guaranteed Universal Life
Provides level premiums to guarantee coverage for a specific number of years, up to lifetime.
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Powerfully competitive premiums that rank among the top competitors
- Competitive across a wide range of issue ages, most competitive at ages 50-70, Preferred Non Tobacco, Standard Non Tobacco and Standard Tobacco risk classes, $500,000+
- Still competitive in Preferred Plus and Standard Plus
- Can backdate to six months to save age (three months in OH)
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Great product features
- Terminal and Chronic Illness Accelerated Death Benefit Rider*
- Flexible no lapse protection period (20 years to age 120)
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- Provides very competitive dialed down guarantees for ages 90 through 100
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You can talk to underwriters
- Direct access to dedicated underwriters and full-time medical directors
- Specializing in controlled impairments (later age of onset, compliance, stability, regular medical follow-ups)
*May vary by state.
Death Benefit Option: Level, Increasing , Return of Premium(ROP)