Lifetime Returns Select
Key Facts
ISSUE AGES
- Single & 5 Pay
- 45-85
- 10 Pay
- 45-80
MINIMUM FACE AMOUNT
- $25,000
MAXIMUM FACE AMOUNT
- Issue Ages 45-75
- NAR is $250,000 Maximum
- Issue Ages 76-85
- NAR is $150,000 Maximum
- NAR = Net Amount Risk
- Face Amount Less Premium
INCLUDED RIDERS:
- Accelerated Benefit Rider for Terminal Illness
- Living Benefit Rider
- Paid Up Life Insurance Rider
- Return of Premium Rider
INTEREST OPTIONS
- Monthly Average
- Monthly Point to Point
- Annual Point to Point
- Fixed Interest Option
Overview
The Lifetime Returns Select is a single premium indexed Universal Life insurance product underwritten by National Western Life Insurance Company. This innovative product provides your client an opportunity to reposition their assets into a single premium product that will provide them a death benefit with no additional premium required to keep the policy in force. In addition, the client will enjoy a variety of value-added riders and benefits such as a 10% free withdrawal after the first year, Guaranteed Death Benefit till age 121, Living Benefits (Terminal Illness and Chronic Illness), and a complete return of premium with no surrender charges on the initial principal.
The NWL Lifetime Return Select has four interest rate strategies that link to the S&P 500 with generous participation and cap rates along with a competitive fixed rate option. This product is issued for ages 45-85 and uses rules based, Simplified Issue underwriting along with a telephone interview.
Product Details
CONSUMER MATERIALS
AGENT MATERIALS
Want an illustration? Call Karen Cubero at 800-252-4002 ext. 129