Ultimate LifeUltimate Life offers protection to age 95, with flexible premiums and death benefit options that may develop cash/loan value on a current and guaranteed basis. Ultimate Life premiums may be increased, decreased, stopped and restarted, within certain limits. Death benefit options include level (face amount) or increasing (face amount plus cash value) payments. After the first year, the death benefit type may be changed by written request once per year. A monthly deduction is made from the certificate's cash value to cover expense charges and cost of insurance. Ultimate Life has a surrender charge through the first 14 years.
| Insurance to Age: |
95 |
| Premiums: |
Flexible |
| Age Availability: |
0-75 |
| Coverage Amount Available: |
Minimum $25,000; $10,000 for ages 0-18; ($100,000 with preferred rating)
no maximum |
| Cash Value: |
Yes, if adequately funded |
| Dividends: |
Not expected |
| Interest Earnings: |
Interest is earned on the accumulation value |
| Nonforfeiture Provisions: |
Yes, cash surrender |
| Riders Available (adult): |
Waiver of Monthly Deduction – Form Series 8762
Accidental Death Benefit – Form Series 8760
1Accelerated Living Benefit – Form Series 1766
Spousal Waiver of Monthly Deductions (Note: free member benefit) – Form Series 9741
Children's Benefit – Form Series 9742 |
| Riders Available (child): |
Accidental Death Benefit – Form Series 8760
Petitioner Benefit – Form Series 8761
1Accelerated Living Benefit – Form Series 1766 |
| Form Series: |
9730A and 9730J |
Have questions?
For information and help in choosing the products that may be right for you, call our member sales team at (866) 845-6665.
Certificates and riders may not be available in all states. Riders are available for an additional premium or may be subject to an administration fee and/or may be subject to underwriting or other restrictions.
1Receipt of acceleration of life insurance death benefits may be taxable and may affect your, your spouse's, or family's eligibility for public assistance programs. You are advised to consult a qualified tax professional or social service agency regarding the circumstances under which you might be able to receive an acceleration of a life insurance death benefit, excludable from income under federal law.
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