Mutual of Omaha |
| – 10, 15, 20 and 30-Year level term – Ages 18-65 – $50,000 to $300,000 face – No mortgage or life event requirement – No charge riders face amounts of $250,001 to $300,000 require a phone interview – Return of premium available on 20 and 30-year plans – No cost Unemployment Waiver of Premium Rider, Residential Damage Waiver of Premium, Terminal Illness & Common Carrier Accidental Death – No E&O insurance required – E-app available |
CFG Safeshield |
| – 15, 20 and 30-Year level term – Ages 18-65 – $25,000-$250,000 face – Best Disability income rider – No mortgage/life event requirement – Return of premium available at 50% and 100% on 20 and 30-year plans – ROP at 50% is available on 20-Year up to age 60 – No cost Unemployment Waiver of Premium Rider & Common Carrier Accidental Death – Convertible – No E&O insurance required – E-app available – 3 Living Benefit (ABR) riders available at no additional premium (terminal illness, critical illness & chronic illness) |
Forester Strong Foundation |
| – 15, 20, 25 and 30-Year level term – Ages 18-70 – $20,000 – $250,000 face – No mortgage/life event requirement – Member benefits good for dependents – Non-smoker rates for cigar, pipe, chewing tobacco, electronic cigarettes, patch, gum users (all except cigarettes) – No Return of premium available – Convertible – No E&O insurance required – E-app available – 3 Living Benefit riders available at no additional premium (terminal illness, critical illness & chronic illness) |
Phoenix Safe Harbor Term Life |
| – 10, 15, 20 & 30-Year level term – Ages 18-80 – $25,000 to $400,000 face – 4 Living Benefit riders available at no additional premium (terminal illness, critical illness, chronic illness & unemployment waiver of premium) – No mortgage or life event requirement – Point of sale underwriting available with telephone interview – Convertible |
FREQUENTLY USED
Mortgage Term+
Final Expense+
Transamerica Solutions |
| – 10, 15, 20 and 30-Year level term – Ages 0-85 – $1,000 to $50,000 face – Liberal underwriting – good for insulin dependent diabetics (depending on age) & COPD/emphysema – no height/weight requirements ages 45-85 – no phone interview – 10-Pay available for full benefit plan – No E&O insurance required – Child/Grandchild rider available up to $5k with NO health questions |
CFG Classic Choice |
| – Ages 25-85 – $2,500 – $25,000 face – No E&O insurance required – Phone interview on Classic I only – Good product for cancer over 2 years ago – E-app available |
Foresters PlanRight |
| – Ages 50-85 – $2,000 – $35,000 face – Phone interview must be done at point of sale, with an underwriting decision at point of sale – Member benefits – No E&O insurance required for one year |
Mutual of Omaha Living Promise |
| – Ages 45-85 – $2,000 to $40,000 face – no phone interview – No E&O insurance required – E-app available |
Phoenix Remembrance |
| – Ages 30-80 – $10,000 to $100,000 face, depending on age – Level benefit only (table 6) – Terminal illness, critical illness & accidental death benefits at no additonal cost – phone interview & underwriting can be completed at point of sale or entire paper app can be submitted with no phone interview |
Kemper Guaranteed Issue Whole Life |
| – Ages 40-80 – face amounts available from $2,000 to $25,000 – graded benefit in first 2 years (ROP + 20% interest) – no health questions |
Great Western Guaranteed Assurance |
| – Guaranteed issue (no health questions) – Ages 40-80 – face amounts available from $1,000 to $40,000 – Graded benefit in first 2 years is ROP + 10% – no cost spousal benefit rider – pays extra $1,000 at death of first spouse (restrictions apply) – face amounts available from $1,000 to $40,000 – child/grandchild rider available for $1 mo with no health questions on child |
Great Western Assurance Plus |
| – Guaranteed issue (no health questions) – Ages 40-80 – face amounts available from $1,000 to $40,000 – Graded benefit in first 2 years is ROP + 10% – no cost spousal benefit rider – pays extra $1,000 at death of first spouse (restrictions apply) – face amounts available from $1,000 to $40,000 – child/grandchild rider available for $1 mo with no health questions on child |
Accidental Death+
Mutual of Omaha Guarantee ADvantage |
| – Ages 18-70 – $50,000 to $500,000 face – guarantee issue accidental death – no health questions – spouse & children coverage available – ROP available – coverage to age 80 – non-cancel able – Need a health insurance license to sell – Common Carrier and Auto/Pedestrian Benefits – E-app available |
Foresters Prepared |
| – Ages 18-60 – $50,000 to $300,000 face – simplified issue accidental death – 3 questions to qualify – ROP & DI riders available – coverage to age 75 – non-cancellable – Need a health insurance license to sell (except in FL & IN) |
Guaranteed Issue+
Kemper Guaranteed Issue Whole Life |
| – Ages 40-80 – face amounts: $2k, $3k, $4k, $5k, $7,500, $10k, $15k, $20k & $25k – graded benefit in first 2 years (ROP + 20% interest) – no health questions |
Great Western Guaranteed Assurance |
| – Guaranteed issue (no health questions) – Ages 40-80 – face amounts available from $1,000 to $40,000 – Graded benefit in first 2 years is ROP + 10% – no cost spousal benefit rider – pays extra $1,000 at death of first spouse (restrictions apply) – face amounts available from $1,000 to $40,000 – child/grandchild rider available for $1 mo with no health questions on child |
Great Western Assurance Plus |
| – Only 3 health questions for full death benefit – Ages 40-80 – face amounts available from $1,000 to $40,000 – Full death benefit beginning year 1 pays 120% of the face amount – no cost Spousal Benefit rider – pays extra $1,000 at death of first spouse (restrictions apply) – no cost Accelerated Death Benefit rider for terminal illness & chronic illness – Child/grandchild rider available for $1 mo with no health questions on child |
Simplified Issue UL+
Mutual of Omaha Guarantee Universal Life Express |
| – Ages 18-65 – $50,000 – $300,000 face – Only simple issue guarantee UL in market – Term alternative for older ages – not a cash accumulation product – guaranteed insurability at no cost – additional no cost riders – Can guarantee coverage from a minimum of 20 years to a maximum of up to age 120 |
Foresters SmartUL |
| – Ages 0-75 – $25,000 – $250,000 face – cash accumulation product UL with competitive interest rate – member benefits good for dependents – Can be used for tax-free retirement income – E-app available |
Annuities+
American Equity Advantage Gold |
| – Fixed Indexed Annuity – Ages 18-80 – minimum $5,000 premium – 5% immediate bonus – 10 yr surrender charges – no fee income rider & options with fee |
American Equity Bonus Gold |
| – Fixed Indexed Annuity – Ages 18-80 – minimum $5,000 premium – 10% immediate bonus – 16 yr surrender charges – no fee income rider & options with fee |
American Equity Foundation Gold |
| – Fixed Indexed Annuity – Ages 18-80 – minimum $5,000 premium – 7% bonus vested over 10 years – 10 yr surrender charges – 5% penalty-free withdrawals after 1st yr – no fee income rider & options with fee |
American Equity Retirement Gold |
| – Fixed Indexed Annuity – Ages 18-78 – minimum $5,000 premium – 8% bonus vested over 14 years – 10 yr surrender charges – no fee income rider & options with fee |
American Equity Traditions Gold |
| – Fixed Indexed Annuity – Ages 18-80 – minimum $5,000 premium – no bonus – higher caps – 10 yr surrender charges – no fee income rider & options with fee |
American Equity Guarantee Series |
| – Ages 18-85 – minimum $10,000 premium – 5, 6 & 7 yr fixed annuities – great alternative to CDs – 5, 6 & 7 yr surrender charges – no income rider available |
American Equity Premier Eagle 12 |
| – Ages 18-78 – minimum $5,000 premium NQ, $2,000 Q – fixed annuity (not indexed) – 8% bonus vested over 14 years – 10 yr surrender charges – no fee income rider & options with fee |
American Equity Premier Eagle 10 |
| – Ages 18-80 – minimum $5,000 premium NQ, $2,000 Q – fixed annuity (not indexed) – 10% immediate bonus – 10-15 year surrender charge – no fee income rider & options with fee |
American Equity Single Premium Immediate Annuity (SPIA) |
| – Ages 18-90 – minimum $10,000 premium – immediate income stream – no access to remaining lump sum deposit |
F&G Accumulator Plus |
| – Ages 0-85 – minimum $10,000 premium – no bonus – high caps for accumulation – both 10 & 14 year surrender periods available – income rider at 6.75% for up to 20 years with fee |
F&G Index Choice 10 |
| – Ages 0-85 – minimum $10,000 premium – 3% immediate bonus – 10 year surrender charges – Income rider at 6.5% for up to 20 years with fee |
F&G Index Safety 7 |
| – only available in NY – Ages 0-85 – minimum $10,000 premium – no bonus – 7 year surrender charges – 10% penalty free withdrawals after 1st year – no income rider |
F&G Prosperity Elite |
| – Ages 0-85 – minimum $10,000 premium – various bonus – 7, 10 or 14 yr surrender charges – high caps – Income rider at 6.5% for up to 20 years or 18% bonus, both with fee – DB enhancement |
F&G Safe Income Plus |
| – Ages 0-80 – minimum $10,000 premium – 10 year surrender charge – income rider at 6.5% for up to 10 years, with 0.95% fee – impairment rider (doubles income) |
F&G Retirement Pro |
| – Ages 0-80 – Fixed annuity (not indexed) – minimum $10,000 premium – 5% or 7% vested bonus (depending on state) – 10 or 12 years surrender charges (depending on state) – No charge lifetime income rider – Benefit base for INCOME rider can be based on indexed interest crediting |
F&G Retirement Pro |
| – Ages 0-80 – Fixed annuity (not indexed) – minimum $10,000 premium – 5% or 7% vested bonus (depending on state) – 10 or 12 years surrender charges (depending on state) – No charge lifetime income rider – Benefit base for INCOME rider can be based on indexed interest crediting |
F&G Guarantee 3, 5 & 7 |
| – Ages 0-90 – minimum $10,000 – 3, 5, & 7 yr surrender charges – great alternative to CDs – 3, 5, & 7 yr fixed annuities – No income rider |
Phoenix Personal Income Annuity |
| – Ages 0-85 – minimum $15,000 premium – no bonus – 10 yr surrender charge – good only for clients wanting income – income rider with up to 45% bonus or 14% simple interest accumulating for 10 yrs – can get income 1st yr, if age 50+ |
Phoenix Personal Protection Choice |
| – Ages 0-85 – minimum $15,000 premium – 10 year surrender charges – enhanced death benefit & chronic care riders available with fee – income rider |
Phoenix Personal Retirement Annuity |
| – Ages 0-80 – minimum $15,000 premium – bonus of 8-15% vested for 10-13 yrs depending on state – 10-12 years surrender charges – income rider at 8% for up to 24 years with fee |
Single Premium Whole Life+
Foresters Your Legacy SPWL |
| – Ages 0 – 85 – minimum single premium $1,500 to $10,000, depending on age – death benefit can increase with dividends – POS underwriting – excellent way to increase money set aside to pass on to heirs tax-free – no medical exam – 3 living benefit riders at no additional premium (terminal illness, critical illness & chronic illness) – Member benefits |
Simplified Issue IUL+
Phoenix Simplicity |
| – Ages 18-70 – $50,000 – $300,000 face – Only non-med IUL for tax-free retirement – Risks to Table 4 are acceptable – tax-free retirement income |
Children's Whole Life+
Mutual of Omaha Children’s Whole Life |
| – Ages 14 days to 17 years – $5,000 – $30,000 face – Only 2 health questions – Guaranteed insurability provision – Nontobacco rates even for cigarette smokers – Grandparents can purchase without parents signature (except in FL & PA) – One app for up to eight children |
Foresters Advantage Plus Whole Life |
| – Ages 0-75 – $25,000 – $250,000 face – simplified issue – Guaranteed Insurability rider available – E-app available – 20 pay option – member benefits – 3 Living Benefit riders available at no additional premium (terminal illness, critical illness & chronic illness) |
Transamerica Solutions Whole Life |
| – Ages 0-85 – $1,000 to $50,000 face – Liberal underwriting – no phone interview – 10-Pay available for full benefit plan – No E&O insurance required |
Fully underwritten IUL+
F&G Life Choice |
| – Ages 0-75 – $150,000+ face – fully underwritten – death benefit protection with some cash accumulation |
F&G Life Elite |
| – Ages 0-75 – $50,000+ face – Ages 0-45 up to $149,999 face does NOT require a medical exam – Non-med policies have lower caps – fully underwritten – tax-free retirement income – good for 5 to 7-pay |
INFREQUENTLY USED
Simplified Issue Whole Life+
Foresters Advantage Plus Whole Life |
| – Ages 0-75 – $25,000 – $250,000 face – 20-Pay option – 10 and 20-Year Term riders available – member benefits good for dependents – 3 Living Benefit riders available at no additional premium (terminal illness, critical illness & chronic illness) |
Fully Underwritten Term+
Mutual of Omaha Term Life Answers |
| – 10, 15, 20 and 30-Year level term – Ages 18-80 – $100,000+ face – very competitive term for higher face amounts – great for ages 40-60 – Convertible |
Foresters Strong Foundation |
| – 10, 15, 20, 25 and 30-Year level term – Ages 18-80 – $100,000+ face – Convertible – Member benefits good for dependents – 3 Living Benefit riders available at no additional premium (terminal illness, critical illness & chronic illness) |
Phoenix Safe Harbor Term Life |
| – 10, 15, 20 & 30-Year level term – Ages 18-80 – $50,000 to $1,000,000 face – 4 Living Benefit riders available at no additional premium (terminal illness, critical illness, chronic illness & unemployment waiver of premium) – Convertible |
Transamerica Trendsetter LB Term |
| – 10, 15, 20 & 30-Year level term – Ages 18-80 – $25,000 + face – No medical exam for $25,000 – $249,999 face up to age 60, lower ages on 30-year (APS, paramed, blood/urine, etc may be requested) – No return of premium available – Convertible – 3 Living Benefit riders available at no additional premium (terminal illness, critical illness & chronic illness) – Advanced premium options – TOP & TOP Plus program – no medical exam required on qualifying applicants for up to $999,999 |
Transamerica Trendsetter Super |
| – 10, 15, 20, 25 & 30-year level term & an Annual Renewable Term – Ages 18 – 80 (age nearest) – $25,000 + face – Convertible – Return of premium available – TOP & TOP Plus program – no medical exam required on qualifying applicants for up to $999,999 |
Fully Underwritten Universal Life+
Mutual of Omaha AccumUL Plus |
| – Ages 0-85 – $25,000 + face – cash accumulation for middle to upper income |
Mutual of Omaha Guarantee Universal Life |
| – Ages 18-85 – $50,000 + face – guaranteed coverage from a minimum of up to age 80 to a maximum of up to age 120 – cash accumulation |
Foresters SmartUL |
| – Issue ages 0-85 – $100,000 + face – living benefits for terminal illness, critical illness & chronic illness at no additional premium – cash accumulation product UL with competitive interest rate – member benefits good for dependents – can be used for tax-free retirement income |
Fully Underwritten Whole Life+
Foresters Advantage Plus Whole Life |
| – Ages 0-75 – $25,000 – $250,000 face – 20-Pay option – 10 and 20-Year Term riders available – member benefits good for dependents – 3 Living Benefit riders available at no additional premium (terminal illness, critical illness & chronic illness) |