Term

Vantage Term® Annual Renewable Term (ART)

Product Specifications

  • A 1-year term life insurance policy.
  • Guaranteed death benefit protection.
  • Has the lowest initial guaranteed premiums, which increase upon annual renewal, up to the attained age 90 of the insured party.
  • The policyowner has the right to exercise the option of partial or full conversion of temporary coverage to permanent coverage, without satisfactory evidence of insurability (underwriting) by the insured party (except to CareChoiceSM One), within the conversion period.
  • The conversion period is set to an earlier minimum of the 5th policy anniversary and a maximum of the 10th policy anniversary and the attained age 65 of the insured party.
  • A minimum of $100,000 of temporary coverage must be maintained after a right to partial conversion is exercised.
  • The maximum acceptable face value is $10,000,000
    • Total for all policies in-force and applied for
  • Guaranteed premiums for the remaining term, after a partial conversion, are calculated based on the initial face value band.

Attained Age

  • In Washington (WA), the minimum acceptable attained age is 19 and the maximum acceptable attained age is 75 of the insured party.
  • In all other contractual states, the minimum acceptable attained age is 18 and the maximum acceptable attained age is 75 of the insured party.

Mandatory Rider

  • ABR | Accelerated Death Benefit for Terminal Illness Rider

Optional Rider

  • WP | Waiver of Premium Rider

Vantage Term® 10

Product Specifications

  • 10-year term life insurance policy.
  • Guaranteed death benefit protection.
  • Guaranteed premiums remain level (fixed) for the initial 10-year term, and in the year following the guaranteed level (fixed) premium period, the guaranteed premiums begin to increase upon annual renewal, up to attained age 90 of the insured party.
  • The policyowner has the right to exercise the option of partial or full conversion of temporary coverage to permanent coverage, without satisfactory evidence of insurability (underwriting) by the insured party (except to CareChoiceSM One), within the conversion period.
  • The conversion period is set to an earlier minimum of the 2nd policy anniversary and a maximum of the 10th policy anniversary and the attained age 65 of the insured party.
  • A minimum of $100,000 of temporary coverage must be maintained after a right to partial conversion is exercised.
  • The maximum acceptable face value is subject to the retention limits and reinsurance availability of the insurer
    • Total for all policies in-force and applied for
  • Guaranteed premiums for the remaining term, after a right to partial conversion is exercised, are calculated based on the initial face value band.

Attained Age

  • In all contractual states, the minimum acceptable attained age is 18 and the maximum acceptable attained age is 75 of the insured party.

Mandatory Rider

  • ABR | Accelerated Death Benefit for Terminal Illness Rider

Optional Rider

  • WP | Waiver of Premium Rider

Vantage Term® 15

Product Specifications

  • A 15-year term life insurance policy.
  • Guaranteed death benefit protection.
  • Guaranteed premiums remain level (fixed) for the initial 15-year term, and in the year following the guaranteed level (fixed) premium period, the guaranteed premiums begin to increase upon annual renewal, up to attained age 90 of the insured party.
  • The policyowner has the right to exercise the option of partial or full conversion of temporary coverage to permanent coverage, without satisfactory evidence of insurability (underwriting) by the insured party (except to CareChoiceSM One), within the conversion period.
  • The conversion period is set to an earlier minimum of the 2nd policy anniversary and a maximum of the 10th policy anniversary and the attained age 65 of the insured party.
  • A minimum of $100,000 of temporary coverage must be maintained after a right to partial conversion is exercised.
  • The maximum acceptable face value is subject to the retention limits and reinsurance availability of the insurer
    • Total for all policies in-force and applied for
  • Guaranteed premiums for the remaining term, after a right to partial conversion is exercised, are calculated based on the initial face value band.

Attained Age

  • In all contractual states, the minimum acceptable attained age is 18 and the maximum acceptable attained age is 70 of the insured party.

Mandatory Rider

  • ABR | Accelerated Death Benefit for Terminal Illness Rider

Optional Rider

  • WP | Waiver of Premium Rider

Vantage Term® 15 Extended Conversion Period (ECP)

Product Specifications

  • A 15-year term life insurance policy with the mandatory Extended Conversion Period (ECP) rider.
  • Guaranteed death benefit protection.
  • Guaranteed premiums remain level (fixed) for the initial 15-year term, and in the year following the guaranteed level (fixed) premium period, the guaranteed premiums begin to increase upon annual renewal, up to attained age 90 of the insured party.
  • The policyowner has the right to exercise the option of partial or full conversion of temporary coverage to permanent coverage, without satisfactory evidence of insurability (underwriting) by the insured party (except to CareChoiceSM One), within the conversion period.
  • The conversion period is set to an earlier maximum of the 15th policy anniversary and the attained age 65 of the insured party.
  • A minimum of $100,000 of temporary coverage must be maintained after a right to partial conversion is exercised.
  • The maximum acceptable face value is subject to the retention limits and reinsurance availability of the insurer
    • Total for all policies in-force and applied for
  • Guaranteed premiums for the remaining term, after a right to partial conversion is exercised, are calculated based on the initial face value band.

Attained Age

  • In all contractual states, the minimum acceptable attained age is 18 and the maximum acceptable attained age is 54 of the insured party.

Mandatory Rider

  • ABR | Accelerated Death Benefit for Terminal Illness Rider

Optional Rider

  • WP | Waiver of Premium Rider

Vantage Term® 20

Product Specifications

  • A 20-year term life insurance policy.
  • Guaranteed death benefit protection.
  • Guaranteed premiums remain level (fixed) for the initial 20-year term, and in the year following the guaranteed level (fixed) premium period, the guaranteed premiums begin to increase upon annual renewal, up to attained age 90 of the insured party.
  • The policyowner has the right to exercise the option of partial or full conversion of temporary coverage to permanent coverage, without satisfactory evidence of insurability (underwriting) by the insured party (except to CareChoiceSM One), within the conversion period.
  • The conversion period is set to an earlier minimum of the 2nd policy anniversary and a maximum of the 10th policy anniversary and the attained age 65 of the insured party.
  • A minimum of $100,000 of temporary coverage must be maintained after a right to partial conversion is exercised.
  • The maximum acceptable face value is subject to the retention limits and reinsurance availability of the insurer
    • Total for all policies in-force and applied for
  • Guaranteed premiums for the remaining term, after a right to partial conversion is exercised, are calculated based on the initial face value band.

Attained Age

  • In all contractual states, the minimum acceptable attained age is 18 and the maximum acceptable attained age is 65 of the insured party.

Mandatory Rider

  • ABR | Accelerated Death Benefit for Terminal Illness Rider

Optional Rider

  • WP | Waiver of Premium Rider

Vantage Term® 20 Extended Conversion Period (ECP)

Product Specifications

  • A 20-year term life insurance policy with the mandatory Extended Conversion Period (ECP) rider.
  • Guaranteed death benefit protection.
  • Guaranteed premiums remain level (fixed) for the initial 20-year term, and in the year following the guaranteed level (fixed) premium period, the guaranteed premiums begin to increase upon annual renewal, up to attained age 90 of the insured party.
  • The policyowner has the right to exercise the option of partial or full conversion of temporary coverage to permanent coverage, without satisfactory evidence of insurability (underwriting) by the insured party (except to CareChoiceSM One), within the conversion period.
  • The conversion period is set to an earlier maximum of the 20th policy anniversary and the attained age 65 of the insured party.
  • A minimum of $100,000 of temporary coverage must be maintained after a right to partial conversion is exercised.
  • The maximum acceptable face value is subject to the retention limits and reinsurance availability of the insurer
    • Total for all policies in-force and applied for
  • Guaranteed premiums for the remaining term, after a right to partial conversion is exercised, are calculated based on the initial face value band.

Attained Age

  • In all contractual states, the minimum acceptable attained age is 18 and the maximum acceptable attained age is 54 of the insured party.

Mandatory Rider

  • ABR | Accelerated Death Benefit for Terminal Illness Rider

Optional Rider

  • WP | Waiver of Premium Rider

Vantage Term® 25

Product Specifications

  • A 25-year term life insurance policy.
  • Guaranteed death benefit protection.
  • Guaranteed premiums remain level (fixed) for the initial 25-year term, and in the year following the guaranteed level (fixed) premium period, the guaranteed premiums begin to increase upon annual renewal, up to attained age 90 of the insured party.
  • The policyowner has the right to exercise the option of partial or full conversion of temporary coverage to permanent coverage, without satisfactory evidence of insurability (underwriting) by the insured party (except to CareChoiceSM One), within the conversion period.
  • The conversion period is set to an earlier maximum of the 10th policy anniversary and the attained age 65 of the insured party.
  • A minimum of $100,000 of temporary coverage must be maintained after a right to partial conversion is exercised.
  • The maximum acceptable face value is subject to the retention limits and reinsurance availability of the insurer
    • Total for all policies in-force and applied for
  • Guaranteed premiums for the remaining term, after a right to partial conversion is exercised, are calculated based on the initial face value band.

Attained Age

  • In all contractual states, the minimum acceptable attained age is 18 and the maximum acceptable attained age is 60 of the insured party.
  • For the following risk classifications, the maximum acceptable attained age is 55 of the insured party:
    • Select Preferred Tobacco
    • Tobacco

Mandatory Rider

  • ABR | Accelerated Death Benefit for Terminal Illness Rider

Optional Rider

  • WP | Waiver of Premium Rider

Vantage Term® 25 Extended Conversion Period (ECP)

Product Specifications

  • A 25-year term life insurance policy with the mandatory Extended Conversion Period (ECP) rider.
  • Guaranteed death benefit protection.
  • Guaranteed premiums remain level (fixed) for the initial 25-year term, and in the year following the guaranteed level (fixed) premium period, the guaranteed premiums begin to increase upon annual renewal, up to attained age 90 of the insured party.
  • The policyowner has the right to exercise the option of partial or full conversion of temporary coverage to permanent coverage, without satisfactory evidence of insurability (underwriting) by the insured party (except to CareChoiceSM One), within the conversion period.
  • The conversion period is set to an earlier maximum of the 20th policy anniversary and the attained age 65 of the insured party.
  • A minimum of $100,000 of temporary coverage must be maintained after a right to partial conversion is exercised.
  • The maximum acceptable face value is subject to the retention limits and reinsurance availability of the insurer
    • Total for all policies in-force and applied for
  • Guaranteed premiums for the remaining term, after a right to partial conversion is exercised, are calculated based on the initial face value band.

Attained Age

  • In all contractual states, the minimum acceptable attained age is 18 and the maximum acceptable attained age is 54 of the insured party.

Mandatory Rider

  • ABR | Accelerated Death Benefit for Terminal Illness Rider

Optional Rider

  • WP | Waiver of Premium Rider

Vantage Term® 30

Product Specifications

  • A 30-year term life insurance policy.
  • Guaranteed death benefit protection.
  • Guaranteed premiums remain level (fixed) for the initial 30-year term, and in the year following the guaranteed level (fixed) premium period, the guaranteed premiums begin to increase upon annual renewal, up to attained age 90 of the insured party.
  • The policyowner has the right to exercise the option of partial or full conversion of temporary coverage to permanent coverage, without satisfactory evidence of insurability (underwriting) by the insured party (except to CareChoiceSM One), within the conversion period.
  • The conversion period is set to an earlier maximum of the 10th policy anniversary and the attained age 65 of the insured party.
  • A minimum of $100,000 of temporary coverage must be maintained after a right to partial conversion is exercised.
  • The maximum acceptable face value is subject to the retention limits and reinsurance availability of the insurer
    • Total for all policies in-force and applied for
  • Guaranteed premiums for the remaining term, after a right to partial conversion is exercised, are calculated based on the initial face value band.

Attained Age

  • In all contractual states, the minimum acceptable attained age is 18 and the maximum acceptable attained age is 55 of the insured party.
  • For the following risk classifications, the maximum acceptable attained age is 50 of the insured party:
    • Select Preferred Tobacco
    • Tobacco

Mandatory Rider

  • ABR | Accelerated Death Benefit for Terminal Illness Rider

Optional Rider

  • WP | Waiver of Premium Rider

Vantage Term® 30 Extended Conversion Period (ECP)

Product Specifications

  • A 30-year term life insurance policy with the mandatory Extended Conversion Period (ECP) rider.
  • Guaranteed death benefit protection.
  • Guaranteed premiums remain level (fixed) for the initial 30-year term, and in the year following the guaranteed level (fixed) premium period, the guaranteed premiums begin to increase upon annual renewal, up to attained age 90 of the insured party.
  • The policyowner has the right to exercise the option of partial or full conversion of temporary coverage to permanent coverage, without satisfactory evidence of insurability (underwriting) by the insured party (except to CareChoiceSM One), within the conversion period.
  • The conversion period is set to an earlier maximum of the 20th policy anniversary and the attained age 65 of the insured party.
  • A minimum of $100,000 of temporary coverage must be maintained after a right to partial conversion is exercised.
  • The maximum acceptable face value is subject to the retention limits and reinsurance availability of the insurer
    • Total for all policies in-force and applied for
  • Guaranteed premiums for the remaining term, after a right to partial conversion is exercised, are calculated based on the initial face value band.

Attained Age

  • In all contractual states, the minimum acceptable attained age is 18 and the maximum acceptable attained age is 54 of the insured party.
  • For the following risk classifications, the maximum acceptable attained age is 45 of the insured party:
    • Select Preferred Tobacco
    • Tobacco

Mandatory Rider

  • ABR | Accelerated Death Benefit for Terminal Illness Rider

Optional Rider

  • WP | Waiver of Premium Rider
%d bloggers like this: