|
|
|
Introducing LifeTime Advantage PlusSM UL!
We are pleased to introduce LifeTime Advantage PlusSM Universal Life - a new low cost current assumption death benefit universal life insurance product. This new single life plan combines affordable death benefit protection with flexible coverage options and the potential for tax-deferred cash-value accumulation.1 The Lapse Protection Period for the LifeTime Advantage PlusSM UL policy may vary by issue age and ranges between 10 and 15 years (provided the minimum premium requirements are met net of loans and withdrawals).2
LifeTime Advantage PlusSM UL also offers riders for enhanced flexibility like the Death Benefit Plus Rider, which provides additional insurance equal to the total amount of cumulative paid premiums. Introduce LifeTime Advantage PlusSM to clients who wish to provide death benefit protection that may help enhance and transfer wealth to their loved ones.
The LifeTime Advantage PlusSM UL provides top-tier competitive positioning for lifetime level-pay dollar premium solves in a variety of issue ages and rate classes. It is also available for Premium Financing through our approved plan providers.
Take a look at the competitive rates for LifeTime Advantage PlusSM UL.
|
$250,000 Face Amount – Male Preferred NT Premiums
$ Solve for Lifetime Premium to Carry |
$250,000 Face Amount – Male STD Non-Tobacco Premiums
$ Solve for Lifetime Premium to Carry |
| Age |
Lifetime Premium to Carry $1 to Age 100 |
Cash Value Accumulation Year 10 |
Cash Value Accumulation Year 20 |
Cash Value Accumulation Year 30 |
Lifetime Premium to Carry $1 to Age 100 |
Cash Value Accumulation Year 10 |
Cash Value Accumulation Year 20 |
Cash Value Accumulation Year 30 |
| 35 |
1,193.00 |
5,226.00 |
26,877.00 |
52,926.00 |
1,430.00 |
7,679.00 |
32,265.00 |
61,558.00 |
| 45 |
1,982.00 |
8,713.00 |
37,106.00 |
71,554.00 |
2,401.00 |
12,849.00 |
45,169.00 |
82,155.00 |
| 55 |
3,120.00 |
12,264.00 |
46,454.00 |
80,229.00 |
3,961.00 |
20,133.00 |
59,700.00 |
94,752.00 |
| 65 |
5,280.00 |
17,116.00 |
50,848.00 |
51,040.00 |
6,740.00 |
32,037.00 |
70,847.00 |
65,915.00 |
| 75 |
8,945.25 |
32,065.00 |
39,185.00 |
0.00 |
11,918.32 |
46,179.00 |
45,807.00 |
0.00 |
The LifeTime Advantage PlusSM UL will replace LifeTime Advantage 100.
- Beginning Monday, November 3, 2008, LifeTime Advantage PlusSM product illustrations will be available through our WinFlex system.
- The current LifeTime Advantage 100 will be discontinued in all states as of Monday, December 29, 2008.
The LifeTime Advantage PlusSM UL combined with our new underwriting manual and guidelines is geared to help improve your selling opportunities. For assistance with illustrations or new business procedures, please call your Regional Vice President or your BGA.
Cordially,
Mark S. Rush Senior Vice President, Sales & Marketing
1 The tax treatment of life insurance is subject to change. Neither Protective Life nor its representatives offer legal or tax advice. Purchasers should consult their attorney or tax advisor regarding their individual situation. 2 In order for the lapse protection to be in force, accumulated premiums paid (less loans and withdrawals) must be equivalent to or greater than the accumulated minimum monthly premium. If only the minimum monthly premium is paid, there may be little or no surrender value upon maturity.
© Copyright 2008 by Madison Brokerage Corp.
All Rights Reserved.
Top of Page
|
|
|
|
Email 
RSS 
