Universal Life Insurance
Our universal life insurance solutions combine flexible life insurance with the power of tax-deferred investment choices to accommodate all your client’s financial planning needs.
Plan Highlights
- Two benefit options including Level and Increasing
- Five cost of insurance structures including: Level, Annual Renewable Term to 100 (ART100), Annual Renewable Term to 85 (ART85/15), 10-Year Term (YRT10) and 20-Year Term (YRT20)
- No Surrender Fee option
- Wealth Plus bonus not tied to fund performance – determined based on Tax Exempt Account Value less Loan account Value – 0.1% per month (1.2% annually) after five years within Trilogy
- Unlimited fund transfers between investment choices
- Seven guaranteed interest options including 10- and 20-year guaranteed interest options, both with a minimum guaranteed interest rate of 1.75%
- 23 indexed options, including 16 managed index accounts that charge only the Investment Income Tax (IIT) rate – currently 0.24% for 2015
- Multi-life, Joint First or Last to Die options on up to five lives