north american ul products n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
North American UL Products PowerPoint Presentation
Download Presentation
North American UL Products

Loading in 2 Seconds...

play fullscreen
1 / 38

North American UL Products - PowerPoint PPT Presentation


  • 132 Views
  • Uploaded on

North American UL Products. Products. Custom Series Custom Extra – Low cost UL with double death benefit Custom Term UL – Very competitive low cost coverage Custom Accumulator – Max funding with return of premium Custom Guarantee – Guaranteed death benefit up to age 120

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'North American UL Products' - sonya-james


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
products
Products
  • Custom Series
    • Custom Extra – Low cost UL with double death benefit
    • Custom Term UL – Very competitive low cost coverage
    • Custom Accumulator – Max funding with return of premium
    • Custom Guarantee – Guaranteed death benefit up to age 120
  • Legacy Optimizer
    • Simplified issue single-premium
custom termul
Custom TermUL

Very competitive low cost coverage

  • Low mortality charges
    • Low cost $1 at 100 product
    • High cash value accumulation
  • Competitive Target
  • $50,000 min death benefit
  • Current Interest Rate = 5.30%
custom termul1
Custom TermUL

Male, Age 45, $250,000, Level DB

Annual premium for $1 @ age 100

Best Class

Jefferson Pilot (JPF Legend 300) $1,584

Protective (Classic UL) $1,642

North American (Custom TermUL) $1,700

West Coast Life (LifeSpan Gold 120) $1,705

American General (Platinum Provider Ultra) $1,837

First Penn (LifeStyle Select 20) $1,911

Transamerica (TransUltra EX) $1,934

Lincoln National (UL – LPR 5) $2,417

All rates believed accurate as of February 24, 2004

custom termul2
Custom TermUL

Male, Age 65, $250,000, Level DB

Annual premium for $1 @ age 100

Preferred Rate Class

American General (Platinum Provider Ultra) $5,325

Protective (Classic UL) $5,335

Transamerica (TransUltra EX) $5,363

Jefferson Pilot (JPF Legend 300) $5,485

North American (Custom TermUL) $5,487

West Coast Life (LifeSpan Gold 120) $5,651

First Penn (LifeStyle Select 20) $5,741

Lincoln National (UL – LPR 5) $6,052

All rates believed accurate as of February 24, 2004

custom extra
Custom Extra

Low cost UL with double death benefit

  • Extra double death benefit
    • 5 yr to age 55 (3 yr age 56-65)
    • Fully convertible
  • Low cost coverage
  • $25,000 minimum death benefit
  • Current Interest Rate = 5.00%
custom extra1
Custom Extra

Male, Age 45, $250,000, Level DB

Annual premium for $1 @ age 100

Preferred Rate Class

Protective (Classic UL) $1,695

North American (Custom Extra) $1,836

Jefferson Pilot (JPF Legend 300) $1,942

West Coast Life (LifeSpan Gold 120) $1,973

First Penn (LifeStyle Select) $2,043

American General (Platinum Provider Ultra) $2,085

Transamerica (TransUltra EX) $2,242

Lincoln National (UL – LPR 5) $2,417

…and that’s comparing a $500,000 initial death benefit with the Custom Extra vs competitor’s $250,000!*

*Custom Extra doubles the death benefit for 3 to 5 years up to $500,000 of additional death

benefit at no cost.

All rates believed accurate as of February 24, 2004

custom extra2
Custom Extra

Male, Age 65, $1,000,000, Level DB

Annual premium to endow @ age 100

Preferred Rate Class

First Penn (LifeStyle Select 20) $23,165

Jefferson Pilot (JPF Legend 300) $23,551

American General (Platinum Provider Ultra) $24,253

West Coast Life (LifeSpan Gold 120) $23,956

Transamerica (TransUltra EX) $24,312

North American (Custom Extra) $24,570

Protective (Classic UL) $24,601

Lincoln National (UL – LPR 5) $25,664

…and that’s comparing a $1,500,000 initial death benefit with the Custom Extra vs competitor’s $1,000,000*

*Custom Extra doubles the death benefit for 3 to 5 years up to $500,000 of additional death

benefit at no cost.

All rates believed accurate as of February 24, 2004

custom accumulator
Custom Accumulator

Max funding with return of premium

  • Excellent Single Premium product
  • 10 year guaranteed return of premium
  • High target and guideline premiums
  • Wash Loans
  • $25,000 minimum death benefit
  • Current Interest Rate = 5.60%
slide15

Custom Accumulator

Custom Extra

Custom TermUL

Higher Cost

Lower Cost

Custom Accumulator

Custom Extra

Custom TermUL

Low Target

High Target

custom guarantee
Custom Guarantee

Guaranteed death benefit up to age 120

  • Guaranteed death benefit flexibility up to age 120
  • Runs on non-guaranteed basis as well
  • Great single-premium product
  • Issued to age 90
  • Preferred loans after the 10th year
  • $50,000 min death benefit
  • 2 year rolling target
  • Current Interest Rate = 5.50%
custom guarantee1
Custom Guarantee

Male, Age 45, $200,000 Level DB

Single premium to guarantee to age 100

Preferred Class

Lincoln National (UL – LPR 5) $27,313

ING (GPUL) $30,362

North American (Custom Guarantee) $30,468

West Coast Life (LifeSpan Gold 120) $30,849

American General (Platinum Provider Ultra G) $30,956

Jefferson Pilot (JPF Legend 300 XG) $31,220

Protective (Select UL II) $34,611

General American (ULSG 03) $36,657

Transamerica (TransAce GL) $37,866

All rates believed accurate as of March 4, 2004

custom guarantee2
Custom Guarantee

Male, Age 55, $1,000,000, Level DB

Annual premium to guarantee to age 100

Standard Rate Class

American General (Platinum Protector G) $16,000

Jefferson Pilot (JPF Legend 300 XG) $16,036

ING (GPUL) $16,111

Lincoln National (UL – LPR 5) $16,230

Protective (Select UL II) $16,570

North American (Custom Guarantee) (standard plus) $16,737

General American (ULSG 03) $16,800

West Coast Life (LifeSpan Gold 120) (standard plus) $17,060

Transamerica (TransAce GL) $17,501

All rates believed accurate as of March 4, 2004

legacy optimizer
Legacy Optimizer

Simplified issue single-premium

  • Single-Premium UL
  • Simplified Issue
  • Lifetime return of premium
  • Guaranteed to endow
  • $10,000 minimum premium
  • Age 45-85 attained age (underwritten ages 81-85)
  • Application on web (Business Builder)
simplified issue guaranteed death benefit
Simplified Issue Guaranteed Death Benefit

$50,000 Single-premium

Male 65, Standard NT

simplified issue guaranteed death benefit1
Simplified Issue Guaranteed Death Benefit

$50,000 Single-premium

Male 55, Standard NT

sales support
Sales Support

For Help With:

  • Product Specifications
  • Product Selection
  • Sales Concepts
  • Web Site
  • Software

Call: 1-800-800-3656, ext.10411

or

1-800-283-5433, ext. 5721

illustration software
Illustration Software
  • Designed to run a basic illustration from one screen
  • All the tools you need to do business easily
    • Forms
    • E-mail pdf’s
    • Complete solve capabilities
    • Software & product helps
slide26

Pick Your Product

Click on View

Input Death Benefit Amount

Enter your client

information

Input Premium Type

Illustrations from One Screen

slide27

Illustration Output

Ability to select and

print required forms

slide28

Save Illustration as a PDF

Click on PDF to save as a PDF

slide29

Save Illustration as a PDF

Default location for saved .pdf files. This location may be changed.

slide30

Save Illustration as a PDF

Can also save as a pdf after viewing the illustration.

.

slide31

Rider Screen

Click on box for appropriate rider

slide34

Product Help

Click on Products to View Product Help

slide36

Illustration Help

Click on Help to view

illustration help