From www.MadisonBrokerage.com

Life

Genworth's Lifetime FlexPlus II NY UL

 

Jun 23, 2008 - 12:07 PM
Posted in: Life
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We stocked the pond with lower premiums and greater flexibility - catch Lifetime FlexPlusSM II NY.

It's official. Lifetime FlexPlus II NY is here. It's one very attractive secondary guarantee universal life (UL) insurance product.

  • New premiums make Lifetime FlexPlus II NY very competitive, especially in full-pay scenarios for older aged males
  • Excellent current assumption cash values
  • Coverage Protection Benefit (CPB) provides a death benefit guarantee that is more resilient against loans, withdrawals and policy changes
  • Payment advantages make it easier to maintain the death benefit guarantee 
  • Premiums payable to age 121
  • Competitive premiums for guarantees dialed down to less than age 121
  • Lower catch-up costs than original Lifetime FlexPlusSM NY are now easily illustrated as a level premium in WinFlex
  • Highly competitive, unlimited rolling target premiums starting with premiums paid in the 2nd policy year

Of course, these are just some of the highlights. For more details, read this bulletin.

It adds up to this. Lifetime FlexPlus II NY is the kind of predictable UL product that helps foster lasting relationships all around.

 

Underwritten by
Genworth Life Insurance Company of New York
New York, NY

This is a partial product description. For more details, please see the latest features guide. Only the policy contains the actual terms and conditions of coverage.

Accessing cash surrender values will reduce the available death benefit and negatively impact policy performance. Current assumption values are not guaranteed. The Coverage Protection Benefit is a conditional guarantee that can keep the policy in force if policy values become too small to do so. Certain policy rights, if exercised, can end the conditional guarantee.

Lifetime FlexPlusSM II NY is subject to the terms, issue limitations and conditions of Policy Form No. GNYULFX0408. Genworth Life of New York, All guarantees are based on the claims-paying ability of the issuing insurance company.

FOR PRODUCER/AGENT INFORMATION ONLY. NOT TO BE REPRODUCED OR SHOWN TO THE PUBLIC.

©2008 Genworth Financial, Inc. All rights reserved.
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