Viewing content for

Select Your State:

We want to make sure you get the appropriate information on products approved for sale in your state.

Sorry, this product is not available in your state.

Warning

Warning

Invalid configuration found. Contact the administrator.

 
 

AccumUL Answers

 

AccumUL Answers provides a permanent death benefit and a promise that the protection will continue as long as sufficient premiums are paid. Clients can customize their policies, choosing affordable premiums to fit their budgets.

Issue Ages

(Age Last Birthday)

  • 0-17 Standard NT risk only
  • 18-80 (all risks)
  • 81-85 Standard NT and Standard T risks only
Face Amounts
  • $25,000 - $99,999
    (Below $100,000, only Standard NT and Standard T risks are available)
  • $100,000 - $249,999
  • $250,000 - $499,999
  • $500,000 - $999,999
  • $1,000,000 plus
    (First Year Premium over $2,000,000 requires home office approval.)
Underwriting Classes
  • Preferred Plus NT
  • Standard Plus NT
  • Substandard NT
  • Preferred NT
  • Standard NT
  • Substandard T
  • Preferred T
  • Standard T
Table Rates

Tables 1 (A) to 16 (P) 25% per table; table-rated cases increase the fully commissionable premium.

Surrender Charges

First 9 policy years.

Expense Loads

Monthly Policy Fees:
Current = $5 – Guaranteed = $10
Monthly charge per $1,000 of Specified Amount
Cost of insurance for the current month
Cost of riders for the current month

Premium Charge:
Current = 5% of premium up to the Target Premium
7.5% of premium in excess of the Target Premium
Guaranteed = 10% of each premium payment

Riders

(Some restrictions may apply)

  • Accel. Death Benefit for Terminal and Chronic Illness Riders*
  • Lapse GuardSM Rider*
  • Guaranteed Insurability Rider
  • Accidental Death Benefit Rider
  • Disability Continuation of Planned Premium Rider
  • Disability Waiver of Policy Charges Rider
  • Dependent Children's Rider
  • Add'l. Insured Term Rider (Self & Other Insured)

*Included in the policy

Guaranteed Interest Rate

2%

Low-Cost Loans

Years 1-9:
Charge 4% in arrears; Credit 2%.

Years 10+:
Charge 2% in arrears; Credit 2%.

Partial Withdrawals

Allowed after first policy year, $100 minimum withdrawal amount.

No-Lapse Protection

Short-Term No-Lapse Protection

  • Based on payment of Minimum Premiums
  • 5 Years

Long-Term No-Lapse Protection

  • Based on payment of Target Premiums
  • Ages 0-55: 30 Years
  • Ages 56-79: To age 85
  • Ages 80+: None
Other Product Features
  • Lapse Guard Protection
  • Wash Loan Feature in years 10+
  • Policy maturity age is 120
Warning

Warning

Invalid configuration found. Contact the administrator.

 
Warning

Warning

Invalid configuration found. Contact the administrator.

 
Login
Login for More

There's More

Log in to Sales Professional Access to unlock even more detailed information and specialized tools plus your personalized reports.

Not Registered? All you need is your production number and you're ready. Sign up

Have a sales or marketing question, need technical assistance, or have an idea you want to share? Contact Support