Indexed UL Flex II Overview

• Three account options:
  • S&P 500^® Price Return index-linked account (one-year point-to-point)
  • S&P 500^® Total Return index-linked account (one-year monthly average)
  • Fixed account
     
• Choice between optional Extended No-Lapse Guarantee (ENLG) rider with guaranteed protection to the lesser of 25 years or age 90, or a standard No-Lapse Guarantee provision
   
• Three death benefit options available
   
• Automatic trigger of over-loan protection
   
• Living benefits provided through accelerated benefit riders for chronic illness and terminal illness

• Males and females ages 35 to 65
   
• Like the flexibility and guarantees of universal life insurance, but are interested in the potential for higher crediting rates than traditional universal life offers
   
• Interested in guarantees that offer protection against market losses
   
• Desire the extra protection offered by an extended no-lapse guarantee

• Issue ages: 20-85; Maturity: Age 121
   
• Standard, Super Standard, Preferred and Super Preferred non-tobacco risk classes
   
• Banded cost of insurance rates:
  • Middle band: $100,001 - $1 million
  • High band: $1,000,001 or greater
     
• Cash Value Accumulation Test or Guideline Premium Test
   
• Death benefit options 1, 2, and 3 available (DBO 3 is not available if ENLG rider is elected)
   
• Interest crediting guaranteed minimum rates:
  • S&P 500^® Price Return and S&P 500^® Total Return index-linked accounts:
    • Participation rate – 100%
    • Cap rate – 3%
    • Floor rate – 0%
       
  • Fixed account and short-term holding accounts: 1%

For more information about IUL Flex II:

• Product Profile (PDF) (BB12058)
• Product Guide (PDF) (BB12051)
• Interest Rate History

Key materials listed below.

An Introduction to IUL Insurance (BB11839)
Help clients understand what IUL insurance is and how it works.
View (PDF) • Order

Consumer Approach Brochure (BB12042)
Demonstrate to a client the features and benefits of IUL Flex II.
View (PDF) • Order

Term or Permanent Insurance? (BB12102)
Use this one-pager to help clients understand the difference between the two types of coverage. Included is an easy decision tree to help them think about needs.
View (PDF) • Order

Key materials listed below.

Materials approved for use with consumers

Chronic Illness Rider Consumer Brochure (BB10935)
Explains how life insurance can provide access to funds before death in the event of a chronic illness.
View (PDF) • Order

Chronic Illness Rider Consumer Brochure - California (BB10935CA)
California-only version of consumer brochure.
View (PDF) • Order

Chronic Illness Promotional Flyer (BB11961)
A quick look at the benefits of this no-cost rider.
View (PDF) • Order

Cost of Living Increase Rider Flyer (BB12168)
Explains how the policy coverage can increase over time to keep up with increases in every day expenses.
View (PDF) • Order

Life Paid-Up Rider Flyer (BB12012)
Explains how this rider can help consumers enjoy the tax advantages of life insurance by keeping their policies from lapsing.
View (PDF)  • Order

Materials approved for producer use only

Chronic Illness Rider Producer Email (LF1029)
Highlights how this rider can help protect clients in the event of a health surprise.
View (OFT) 

Chronic Illness Rider Training Guide (BB11960)
Provides details such as availability, eligibility, requesting a claim, and cost. Also compares it to long-term care riders.
View (PDF) • Order

Chronic Illness Rider Overview Video (BB12268)
Highlights rider features and benefits.
Watch video (4:16)

Chronic Illness Rider Approvals: Available in all states except CT* and NY

*The rider is available in CT only with IUL Flex II.

• Contact Us: Life Sales Support
• Run an Illustration.
• Review the Life New Business Guide. (BB10816)
• Complete an application.