Protection UL offers death benefit protection, long term guarantees, flexibility, and growth potential.

 

Flexible premium adjustable life insurance policy:

The Zurich Protection UL provides valuable death benefit protection with important long-term death benefit guarantees. Riders/benefits available on the base policy include a Lapse Protection Rider that has a premium based – not shadow account based – guaranteed death benefit rider that lasts up to the insured’s age 85-95, depending upon issue age.

Additional riders include an indemnity based Accelerated Death Benefit Rider for Chronic Illness, Accelerated Death Benefit Rider for Terminal Illness, Maturity Extension Rider, and Overloan Protection Rider.

 

Premiums

  • Unplanned premiums may be paid at any time subject to our acceptance of premiums.
  • Premium payment modes include: annual, semi-annual, quarterly, and monthly. Pre-Authorized Check (PAC) capabilities are available on all modes. It is possible that coverage will expire when either no premiums are paid following the initial premium or subsequent premiums are insufficient to continue coverage.

 

Guaranteed Minimum Interest Rate

The base policy provides for a basic no-lapse death benefit guarantee for a duration that varies based on issue age if cumulative premium requirement is met:

Age 18 – 64 = 15 years

Age 65 – 70 = to attained age 80

Age 71 – 80 = 10 years

Age 81-85 = to attained age 90

The required premium varies by specified amount, issue age, gender, premium class, ratings, and death benefit option.

 

Lapse Protection Rider / Death Benefit Guarantee

The base policy provides an additional no-lapse death benefit guarantee for a duration that varies based on issue age if cumulative premium requirement is met:

Age 18 – 55 = to attained age 85

Age 56 – 64 = 30 years

Age 65 – 85 = to attained age 95

The required premium varies by specified amount, issue age, gender, premium class, ratings, and death benefit option. On each month the required premium test is not met, the cumulative premium requirement will be increased by the monthly equivalent of an annual rate of 4% on the shortage.

 

 

Corporate Headquarters:
604 Harper Avenue, Jenkintown, PA 19046 | P: 800.543.5555 / 215.517.4080 | F: 800.343.0804 / 215.517.4087

Miami Office:
3470 NW 82nd Avenue, Suite #670, Doral, FL 33122 | P: 800.683.3077 / 305.908.6700 | F: 800.343.0804

Securities offered through The Leaders Group, Inc. Member FINRA/SIPC 26 W. Dry Creek Circle, Suite 800, Littleton, CO 80120, 303-797-9080.

BrokerCheck

Premier Brokerage Services is not affiliated with The Leaders Group, Inc.

Copyright @2020 Premier Brokerage Services Inc.