| Plan Name |
Description |
Minimum Face Amounts & Issue Ages* |
Minimum Policy Size |
Whole
Life-99
PT (Pension Trust)-Whole Life-99 |
- Level premium to age 99, level death benefit, endowing at age 121
- PT is pension series, unisex level premiums
- 2001 CSO Mortality Table
- Best long-term performance
- Best support of Option Q Term
- Best to supplement retirement
- Early premium offset
- Low minimum face amount ($25,000)
|
0-80
|
- $250,000 for Preferred Plus NT
- $100,000 base face for Preferred NT
- $25,000 base face minimum for all other rating classes
- PT (Pension Trust) 15-85
|
Whole
Life
Paid up at 121 |
- Level premium, level death benefit, endowing at age 121
- 2001 CSO Mortality Table
- Lowest Annual Premium
- Highest IRR on Death Benefit
- Highest IRR on Guaranteed Cash Value
- High minimum face amount
|
0-90
|
$250,000
(age 0-49)
$100,000
(age 50+) |
Whole
Life-95
PT (Pension Trust)-Whole Life-95 |
- Level premium to age 95, level death benefit, endowing at age 121
- PT (Pension Trust) is pension series, unisex level premiums
- 2001 CSO Mortality Table
- Highest early cash value
- Highest early dividends
- Early premium offset
- Low minimum face amount ($25,000)
|
0-80 |
- $250,000 for Preferred Plus NT
- $100,000 base face for Preferred NT
- $25,000 base face minimum for all other rating classes
- PT (Pension Trust) 15-80
|
LP
Life
|
- Level Premium
- Premiums payable for 20 years or to age 65, if later
- Level Death Benefit
|
0-70 |
- $250,000 PrefPlusNT
- $100,000 Preferred NT
- $25,000 all others
|
| 10
Pay Whole Life |
- Level premium
- Premium payable for 10 years
- Level Death benefit
|
0-75 |
- $250,000 PrefPlusNT
- $100,000 Preferred NT
- $25,000 all others
|
| Single
Premium Whole Life |
- Level Premium
- Premium once
- Level Death benefit
|
20-85 |
- $250,000PrefPlus NT
- $100,000 all others
|
| Guarantee Issue WL |
Available for Multi-life cases only (minimum
10 lives) |
15-70 |
$50,000 |
| Executive
Strategies Whole Life (ESWL) |
Employer Sponsored for groups of at least 3
lives. Minimum base annual premium for group $100,000. Simplified Underwriting for groups of 5-20 lives.
- Simplified Issue (5 or more lives)
- Available for any business owned and/or sponsored cases in the Executive Benefits market involving as few as 5 lives.
- Short form application for each proposed insured plus an authorization for MIB, a finger stick blood test (or saliva test where approved) and a urine specimen
in most cases.
- Maximum face amount per policy is $20,000 multiplied by the number of insured employees in the case, up to a maximum of $500,000
- First year cash value equals 90% of the annual premium
- Levelized compensation*
|
20-65 |
$250,000 |
| Guarantee Issue -Executive Strategies
Whole Life (GI-ESWL) |
Guardian's Guaranteed Issue Executive
Strategies Whole Life (GI-ESWL) is a permanent whole life insurance plan for groups with at least 15 lives. To qualify you need a minimum of $100,000 annual premium
for the group and a minimum base face amount per life of $250,000. The maximum face amount per life can be as high as $3,000,000 (depending on the number of participants).
Special features include: |
20-65 |
$250,000 |
Achiever
Gold Whole Life
Not Available for Pension Trust |
A specialized Life Paid Up at Age 90 policy
that addresses the needs of high-net-worth individuals and business owner/executives by providing guaranteed high early cash values (90% or first year premium for
the three best underwriting classes). When a minimal impact on a balance sheet is desired, but Executive Strategies Whole Life (ESWL) is not an option, Achiever Gold
can be an ideal product.
- Achiever Gold Whole Life is a participating 2001 CSO whole life policy with premiums payable to age 90, which endows at age 121.
- The product is designed to address the needs of high-net-worth clients and the small business owner market.
- Achiever Gold is distinguished by its high first year guaranteed cash value -- 90% of the basic premium for the top three policy classes.
- The underwriting classes are the same as the other 2001 CSO Whole Life products.
- The minimum face amount is $250,000 per policy, and a $50,000 minimum case size applies.
- The first dividend is payable at the end of the second year.
|
20-65 |
- Both a minimum face amount and minimum annual premium must be met:
- $250,000 face amount
- $50,000 base policy premium per case (one or more lives), which may be met by combining policies issued to a related group.
|
*Issue ages may vary in some states.
