Policy Strengths
AIG Gemstone Life
33 investment options managed by 14 well-known fund families; broad mix of underwriting classes; true "wash loan" feature beginning in year 11; credits interest 3% over the current guaranteed account crediting interest rate in first 6 months; client-directed fund deductions.
Allmerica's VUL 2001
Low premium outlay; income-generating features: preferred zero-cost loans and low fixed loan rate; strong long-term policy performance; wide selection of investment options; high rolling targets and unique application process.
American General (American Franklin) EquiBuilder III
Can earmark net premiums among attractive diverse investment options.
American General Platinum Investor III
Zero net cost loans; flexible premium and coverage amounts; extensive selection of riders for customized coverage.
American General (United States Life) Platinum Investor
Zero net cost loans; flexible premium and coverage amounts; extensive selection of riders for customized coverage.
Ameritas Variable Life Overture Applause II
All equity style boxes represented for complete diversification of investments; balanced producer compensation and product performance; used for higher-band cases.
Ameritas Variable Overture Encore!
All equity style boxes represented for complete diversification of investments; balanced producer compensation and product performance; used for lower-band cases.
Canada Life Prestige series VUL
Designed for long-term cash values and death benefit performance; flexibility through term riders; lifetime death benefit guarantee available as a rider; full commission on the first target premium even if it is paid in future years.
CNA Capital Select Dimension Four Flexible Premium
Death benefit continues beyond age 95 (insurance charges cease); streamlined load structure; no policy fee; VA-type liquidity option; term conversion program.
CNA Capital Select Dimension One VUL 2000
Multiple fixed account options; full complement of riders; strong policy guarantees; term conversion program.
GE Life & Annuity Protection Plus
Strong fund lineup including 41 funds from 11 managers; strong impaired risk underwriting.
General American Life VUL 2000
Highly attainable elite risk class; 35 investment funds including 10 unique SEI "manager of manager" funds; 7.25% general account returns; reduced S&P 500 Index fund management fee; lifetime coverage rider beyond age 100 (after 100 no COIs charged/no premium is required).
Guardian Life Park Avenue Life
31 investment options; exchange provision allows the policyholder to exchange face to a level premium whole life policy prior to age 70 or second anniversary without evidence of insurability; guaranteed death benefit feature provides a guaranteed death benefit to age 100 and is coupled with a fixed level premium to age 75 or the 10 policy anniversary if later, at which time the level premium will be redetermined and will then will be fixed to age 100.
Guardian Life Park Avenue VUL
Death benefit option 3 provides a death benefit equal to the face amount plus net accumulated premiums; ability to choose between one of two Section 7702 tests; exchange provision allows the policyholder to exchange face to a level premium whole life policy prior to age 70 or second anniversary without evidence of insurability.
John Hancock Medallion VL Edge
High target premium levels; competitive on long-term values; complements Medallion VL Plus, which is also strong over the long term, but offers higher early surrender values (both products include long-term guarantees).
Jefferson Pilot Ensemble III
Performs well in both low-premium/death-benefit-oriented sales, and high premium/cash accumulation sales; guaranteed monthly accumulation value adjustment; zero spread loans on cash values > GSP contractually guaranteed; death benefit maintenance rider provides guaranteed non-forfeiture values; attainable preferred-plus issue class.
Kemper Investors Zurich Kemper Life Investor
41 funds; competes favorably in over-funded premium payment scenarios and provides zero net cost loans on earnings; unique application process.
Lincoln National Life VUL CV II
Competitive in cash-out scenarios while still providing a significant death benefit at age 100; lifetime guaranteed death benefit available; target is clients desiring supplementary retirement income, accumulation and liquidity for deferred compensation; accounting value rider.
Lincoln National Life VUL DB
Death-benefit-focused, affordable insurance; competitive when comparing premium per dollar of death benefit; 10-year death benefit guarantee; corporate use through accounting value rider and change of insured rider.
Manulife Financial Venture VUL
Competitive premium solves; unique 20-year no-lapse guarantee; flexible term insurance rider; preferred rates to age 90; over 45 investment options; quit smoking incentive provides lower COI rates during first three policy years for smokers.
Midland National Life VUL 4/ Variable Executive UL 2
Designed for long-term middle-income person; low cost with values accessible at retirement though zero-cost loans on a guaranteed no-taxed basis.
