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Demonstration version of
Full Disclosure |
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Full Disclosure Web Site |
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| Current
Universal Life Policy Illustrated Values |
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| $1,000,000
Male Age 40/Best NS Class^/Level DB; $7,500 Annual Premium |
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| As
of January 1, 2009; In Most States |
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| Policies
in this chart vary widely by objective. Included are an increasing number
that are not designed to generate significant cash values, but instead |
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| guaranteed
minimum premiums. These premiums may be featured at the end of this summary
and are in more detail in the QuickShot (QS) Section of Full Disclosure. -
Ed. |
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| There
are two sections of this chart; scroll down for more. |
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| Design
Objective Codes: GMDB, Guaranteed
Minimum Premium & Death Benefit; DB, Maximum Death Benefits; |
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| AV, Maximum Accumulation Values; F/G, Flexible/General Purpose; S, Specialty. |
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| Company |
Policy |
Current Crediting Rate |
Guaranteed Crediting Rate |
Level DB Current Accum Value Year
5 |
Level DB Current CV (net) Year 5 |
Level DB Current Accum Value Year
30 |
Level DB Current Accum Value Year
40 |
Level DB IRR Current Accum Year 40 |
Current Level Death Benefit Year
40 |
Current Increasing DB Year 40 |
IRR Current Increasing DB Year 40 |
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| American General Life |
Elite UL F/G |
5.75% |
3.00% |
26,536 |
8,536 |
433,097 |
820,147 |
4.41% |
1,000,000 |
1,695,776 |
7.21% |
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| Aviva Life and Annuity Co. |
Patriot Solution F/G |
5.65% |
4.00% |
14,989 |
0 |
256,313 |
412,319 |
1.49% |
1,000,000 |
1,312,031 |
6.25% |
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|
| Aviva Life and Annuity Co. |
Guarantee UL Solution
GMDB |
5.00% |
3.00% |
26,526 |
19,281 |
244,924 |
336,475 |
0.55% |
1,000,000 |
1,246,272 |
6.05% |
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|
| Aviva Life and Annuity Co. of
NY |
Guarantee UL Solution
GMDB |
5.00% |
3.00% |
26,526 |
19,281 |
244,924 |
336,475 |
0.55% |
1,000,000 |
1,246,272 |
6.05% |
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|
| Aviva Life and Annuity Co. of
NY |
Capital Solution F/G |
5.65% |
4.00% |
14,989 |
0 |
256,313 |
412,319 |
1.49% |
1,000,000 |
1,312,031 |
6.25% |
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|
| AXA Equitable |
Athena UL-DB DB |
4.25% |
2.00% |
35,271 |
15,198 |
381,228 |
622,568 |
3.28% |
1,000,000 |
1,486,612 |
6.72% |
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| Banner Life |
Life Umbrella UL 120
GMDB |
4.80% |
3.00% |
23,330 |
8,108 |
221,676 |
323,564 |
0.37% |
1,000,000 |
N/A |
N/A |
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| Genworth Life |
Lifetime FlexPlus(sm) II
GMDB |
5.30% |
3.00% |
25,449 |
4,149 |
336,984 |
587,689 |
3.04% |
1,000,000 |
N/A |
N/A |
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| Guardian
Life |
ULtraLife Gold DB |
5.75% |
3.50% |
36,611 |
17,051 |
428,403 |
782,321 |
4.22% |
1,000,000 |
1,591,745 |
6.98% |
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|
| Guardian
Life |
UL Protector Gold
GMDB |
4.00% |
3.00% |
20,204 |
184 |
129,320 |
70,657 |
N/A |
1,000,000 |
N/A |
N/A |
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| Guardian
Life |
UltraMax Gold (SM)
AV |
5.50% |
3.00% |
27,266 |
19,778 |
323,573 |
557,908 |
2.82% |
1,000,000 |
1,407,786 |
6.51% |
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| Hartford Life |
Hartford Bicentennial UL Founders F/G |
5.25% |
3.00% |
23,521 |
17,911 |
395,262 |
741,896 |
4.00% |
1,000,000 |
1,622,536 |
7.05% |
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| ING "Security Life of
Denver" |
Guaranteed Death Benefit UL II GMDB |
4.25% |
4.00% |
25,614 |
4,804 |
218,692 |
272,319 |
-0.48% |
1,000,000 |
1,196,690 |
5.89% |
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| ING "Security Life of
Denver" |
ING Universal Life - CV
AV |
5.00% |
3.00% |
27,981 |
20,231 |
363,000 |
656,393 |
3.50% |
1,000,000 |
1,541,669 |
6.86% |
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| Jackson National Life |
Jackson Accumulator UL
AV |
5.50% |
4.00% |
31,451 |
24,551 |
373,462 |
619,761 |
3.26% |
1,000,000 |
1,454,434 |
6.64% |
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| Jackson National Life |
Generations UL GMDB |
5.00% |
3.00% |
33,669 |
8,779 |
294,543 |
207,923 |
-1.89% |
1,000,000 |
N/A |
N/A |
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| John Hancock Life |
Protection UL-G GMDB |
4.50% |
3.00% |
29,444 |
14,331 |
182,759 |
138,342 |
N/A |
1,000,000 |
1,038,962 |
5.35% |
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| John Hancock Life |
Performance UL 08 Reprice
F/G |
4.55% |
3.00% |
27,900 |
20,303 |
254,705 |
396,652 |
1.32% |
1,000,000 |
1,311,303 |
6.24% |
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| John Hancock Life (USA) |
Accumulation UL AV |
5.30% |
3.00% |
24,825 |
15,128 |
339,750 |
600,209 |
3.13% |
1,000,000 |
1,475,731 |
6.69% |
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| Lincoln Benefit Life |
Legacy Secure F/G |
5.00% |
5.00% |
25,527 |
6,657 |
318,005 |
524,371 |
2.55% |
1,000,000 |
1,394,365 |
6.48% |
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| Lincoln Benefit Life |
Ultra Plus AV |
5.00% |
3.00% |
31,316 |
11,486 |
389,009 |
681,400 |
3.66% |
1,000,000 |
1,533,393 |
6.84% |
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| Lincoln National Life |
Lincoln LifeReserve UL
AV |
5.60% |
3.50% |
18,276 |
1,676 |
324,614 |
536,998 |
2.65% |
1,000,000 |
1,379,976 |
6.44% |
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| Lincoln National Life |
Lincoln LifeGuarantee(sm) Plus UL GMDB |
4.70% |
3.00% |
37,080 |
16,290 |
360,103 |
572,189 |
2.92% |
1,000,000 |
1,448,588 |
6.62% |
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| Lincoln National Life |
Lincoln LifeCurrent(sm) UL
F/G |
5.00% |
3.00% |
30,839 |
11,289 |
367,651 |
616,829 |
3.24% |
1,000,000 |
1,510,011 |
6.78% |
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|
| Massachusetts Mutual Life |
Universal Life Navigator
F/G |
4.45% |
3.00% |
21,048 |
11,618 |
312,832 |
485,680 |
2.22% |
1,000,000 |
1,371,212 |
6.41% |
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|
| MetLife |
Guarantee Advantage UL(2001 CSO) F/G |
5.85% |
3.00% |
35,446 |
15,946 |
380,434 |
692,809 |
3.72% |
1,000,000 |
1,542,192 |
6.86% |
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|
| Midland National Life |
UL-CV AV |
6.00% |
3.00% |
24,453 |
3,773 |
464,422 |
976,131 |
5.10% |
1,024,938 |
1,760,712 |
7.35% |
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|
| Midland National Life |
UL-DB DB |
6.00% |
2.50% |
33,435 |
12,735 |
522,426 |
1,083,943 |
5.51% |
1,138,140 |
1,860,772 |
7.56% |
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|
| National
Life |
NL AssurePlus Protector
DB |
6.00% |
3.00% |
25,859 |
20,549 |
439,548 |
849,917 |
4.55% |
1,000,000 |
1,672,494 |
7.16% |
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|
| Nationwide Life |
YourLife Accumulation UL
F/G |
5.45%* |
3.00% |
23,530 |
2,370 |
347,246 |
636,012 |
3.37% |
1,000,000 |
1,558,527 |
6.90% |
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|
| Nationwide Life |
YourLife ULtimate UL
GMDB |
3.25% |
3.00% |
26,906 |
4,156 |
144,681 |
13,325 |
N/A |
1,000,000 |
1,000,000 |
5.20% |
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|
| New York Life |
New York Life Universal Life
F/G |
4.40% |
3.00% |
26,057 |
26,057 |
373,237 |
657,663 |
3.51% |
1,000,000 |
1,525,384 |
6.82% |
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|
| North American Life |
Custom Term GUL GMDB |
6.00% |
2.50% |
33,435 |
12,735 |
522,427 |
1,083,943 |
5.51% |
1,138,140 |
1,860,772 |
7.56% |
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|
| North American Life |
Custom Guarantee F/G |
4.25% |
3.00% |
26,969 |
8,549 |
233,047 |
321,079 |
0.33% |
1,000,000 |
1,242,909 |
6.04% |
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|
| North American Life |
Custom GrowthCV AV |
6.00% |
3.00% |
24,453 |
3,773 |
464,423 |
976,131 |
5.10% |
1,024,938 |
1,760,712 |
7.35% |
|
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|
|
| Northwestern Mutual Life |
Custom UL Accumulator AV |
6.15%* |
4.00%* |
27,613 |
27,613 |
393,726 |
691,246 |
3.71% |
1,000,000 |
1,485,072 |
6.72% |
|
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|
| Northwestern Mutual Life |
Custom UL Protector
F/G |
5.95%* |
4.00%* |
32,782 |
25,315 |
403,756 |
705,869 |
3.80% |
1,000,000 |
1,509,058 |
6.78% |
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|
| Ohio National Life |
Virtus Value II F/G |
5.50% |
3.00% |
33,344 |
7,234 |
446,648 |
862,044 |
4.61% |
1,160,200 |
1,757,757 |
7.35% |
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|
| Ohio National Life |
Virtus Lifetime G
GMDB |
3.15% |
3.00% |
9,588 |
0 |
60,308 |
0 |
N/A |
1,000,000 |
1,000,000 |
5.20% |
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|
| Pacific Life |
VersaFlex NLG GMDB |
5.50% |
3.00% |
22,025 |
19,250 |
331,052 |
577,971 |
2.97% |
1,000,000 |
1,441,887 |
6.60% |
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|
| Penn Mutual Life |
Guaranteed Protection UL
GMDB |
6.00% |
3.00% |
28,834 |
24,177 |
398,460 |
733,260 |
3.96% |
1,000,000 |
1,544,512 |
6.86% |
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|
| Phoenix Life |
Phoenix Accumulator UL
AV |
5.25% |
3.00% |
37,038 |
21,038 |
432,620 |
809,401 |
4.36% |
1,092,692 |
1,667,387 |
7.15% |
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|
| Phoenix
Life |
Phoenix UL with Guarantee
GMDB |
4.00% |
3.00% |
29,617 |
5,789 |
92,233 |
0 |
N/A |
1,000,000 |
N/A* |
N/A |
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|
| Principal Life |
UL Protector III GMDB |
3.35% |
3.00% |
24,583 |
1,287 |
112,313 |
0 |
N/A |
1,000,000 |
1,000,000 |
5.20% |
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| Principal
Life |
UL Flex F/G |
4.90%* |
3.00% |
36,282 |
14,856 |
411,033 |
708,588 |
3.82% |
1,000,000 |
0 |
N/A |
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| Protective Life |
Centennial G II Plus
F/G |
2.50% |
5.40% |
32,051 |
4,491 |
386,769 |
643,960 |
3.42% |
1,000,000 |
N/A |
N/A |
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| Protective Life |
ProClassic F/G |
5.40% |
3.00% |
31,131 |
5,361 |
381,472 |
689,153 |
3.70% |
1,000,000 |
1,604,837 |
7.01% |
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| Protective Life |
Centennial G II F/G |
4.00% |
2.50% |
18,088 |
0 |
92,182 |
0 |
N/A |
1,000,000 |
N/A |
N/A |
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| Prudential Financial Life |
PruLife Universal Plus
AV |
5.20% |
3.00% |
26,862 |
22,633 |
392,109 |
681,482 |
3.66% |
1,000,000 |
1,527,618 |
6.82% |
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| Prudential Financial Life |
PruLife Universal Protector
F/G |
4.95% |
3.00% |
26,633 |
22,706 |
376,721 |
653,467 |
3.48% |
1,000,000 |
1,523,488 |
6.81% |
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|
| Security Mutual of NY |
Security XLC F/G |
5.05% |
3.00% |
32,789 |
18,479 |
394,081 |
701,392 |
3.77% |
1,000,000 |
1,571,888 |
6.93% |
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| State
Farm Life |
Universal Life F/G |
5.00% |
4.00% |
38,060 |
27,020 |
345,348 |
494,807 |
2.30% |
1,000,000 |
1,285,519 |
6.17% |
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| Sun Life Financial |
Sun Universal Protector
GMDB |
4.30% |
3.00% |
9,756 |
0 |
138,469 |
0 |
N/A |
1,000,000 |
1,000,000 |
5.20% |
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| Sun Life Financial |
Sun Universal ProtectorPlus 2009 F/G |
4.85% |
3.00% |
29,803 |
15,053 |
377,660 |
658,847 |
3.52% |
1,000,000 |
1,533,811 |
6.84% |
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| Thrivent Financial for
Lutherans |
UL Lifetime Protector
GMDB |
4.75% |
3.00% |
33,720 |
10,683 |
320,551 |
463,718 |
2.02% |
1,000,000 |
N/A |
N/A |
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| Thrivent Financial for
Lutherans |
Universal Life II F/G |
6.00% |
3.25%* |
36,559 |
13,749 |
456,774 |
854,098 |
4.57% |
1,000,000 |
1,624,359 |
7.05% |
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|
| TIAA-CREF
Life |
Intelligent Life Universal Life AV |
5.10% |
3.00% |
39,616 |
39,616 |
434,988 |
734,653 |
3.96% |
1,000,000 |
1,577,658 |
6.94% |
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| Transamerica Life |
TransUltra Plus 2006
DB |
6.00% |
3.00% |
32,988 |
7,089 |
334,165 |
554,746 |
2.79% |
N/A* |
1,554,747 |
6.89% |
|
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|
|
| Transamerica
Life |
TransUltra SP 2006 AV |
6.00% |
3.00% |
28,272 |
3,973 |
393,785 |
740,427 |
4.00% |
1,006,982 |
N/A |
N/A |
|
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| Transamerica Life |
TransACE NY GMDB |
4.25% |
4.00% |
21,142 |
11,042 |
220,914 |
345,287 |
0.67% |
1,000,000 |
N/A |
N/A |
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| Transamerica Life |
TransAce GMDB |
4.25% |
4.00% |
21,142 |
11,042 |
220,914 |
345,287 |
0.67% |
1,000,000 |
N/A |
N/A |
|
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|
| Union Central Life (UNIFI Co) |
Excel LifeValue UL
F/G |
5.80% |
3.00% |
32,998 |
13,938 |
449,410 |
832,020 |
4.47% |
1,000,000 |
5,721,554 |
11.58% |
|
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| United of Omaha |
Guaranteed Universal Life Complete GMDB |
4.50% |
3.00% |
29,071 |
3,071 |
208,731 |
148,857 |
N/A |
1,000,000 |
N/A |
N/A |
|
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|
|
| United of Omaha |
AccumUL Plus AV |
5.15% |
3.00% |
32,410 |
15,410 |
397,970 |
685,700 |
3.68% |
1,000,000 |
1,508,380 |
6.77% |
|
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|
|
|
| USAA Life of NY |
Universal Life AV |
5.25% |
3.00% |
38,206 |
38,206 |
426,448 |
689,674 |
3.70% |
1,000,000 |
1,407,092 |
6.51% |
|
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|
|
|
| USAA Life |
Universal Life AV |
5.25% |
3.00% |
38,206 |
38,206 |
426,448 |
689,674 |
3.70% |
1,000,000 |
1,407,092 |
6.51% |
|
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|
| West Coast Life |
Lifetime Advantage Plus
F/G |
5.40% |
3.00% |
31,131 |
5,361 |
381,472 |
689,153 |
3.70% |
1,000,000 |
1,604,837 |
7.01% |
|
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|
| West
Coast Life |
Lifetime Platinum III
GMDB |
2.50% |
4.00% |
18,088 |
0 |
92,182 |
0 |
N/A |
1,000,000 |
N/A |
N/A |
|
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|
| West Coast Life |
Lifetime Platinum III Plus
F/G |
2.50% |
5.40% |
32,051 |
4,491 |
386,769 |
643,960 |
3.42% |
1,000,000 |
N/A |
N/A |
|
|
|
|
|
| William Penn Life of NY |
Longevity UL 100 GMDB |
4.80% |
3.00% |
28,044 |
15,708 |
369,831 |
628,594 |
3.32% |
1,000,000 |
N/A |
N/A |
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| Company |
Policy |
Minimum Premium to Endow Current |
In Years |
Min Premium to Endow Current
Thereafter |
Min Premium to Carry Current (Min
CV@ Maturity) |
In Years |
Min Premium to Carry Current
Thereafter |
Endow & Carry Premiums Payable
To Age |
Current Target Premium |
Current Ten-Pay Premium |
Max Age/Year Secondary Guarantee
Available |
Premium for Maximum Secondary
Guarantee |
|
|
|
|
| American General Life |
Elite UL F/G |
4,869 |
All years |
N/A |
4,827 |
All years |
N/A |
121 |
5,730 |
10,291 |
10 years |
4,680 |
|
|
|
|
| Aviva Life and Annuity Co. |
Patriot Solution F/G |
7,484 |
All years |
N/A |
7,484 |
All years |
N/A |
121 |
12,200 |
16,217 |
15 years |
5,176 |
|
|
|
|
| Aviva Life and Annuity Co. |
Guarantee UL Solution
GMDB |
8,517 |
All years |
N/A |
8,517 |
All years |
N/A |
121 |
4,940 |
16,957 |
Lifetime |
12,568 |
|
|
|
|
| Aviva Life and Annuity Co. of
NY |
Guarantee UL Solution
GMDB |
8,517 |
All years |
N/A |
8,517 |
All years |
N/A |
121 |
4,940 |
16,957 |
Lifetime |
12,568 |
|
|
|
|
| Aviva Life and Annuity Co. of
NY |
Capital Solution F/G |
7,637 |
All years |
N/A |
7,334 |
All years |
N/A |
121 |
13,420 |
15,836 |
15 years |
5,176 |
|
|
|
|
| AXA Equitable |
Athena UL-DB DB |
6,324 |
All years |
N/A |
6,102 |
All years |
N/A |
120 |
6,700 |
14,582 |
None |
N/A |
|
|
|
|
| Banner Life |
Life Umbrella UL 120
GMDB |
8,538 |
All years |
N/A |
5,620 |
All years |
N/A |
N/R |
7,010 |
14,263 |
Lifetime |
5,620 |
|
|
|
|
| Genworth Life |
Lifetime FlexPlus(sm) II
GMDB |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
Lifetime |
5,455 |
|
|
|
|
| Guardian
Life |
ULtraLife Gold DB |
5,227 |
All years |
N/A |
5,079 |
All years |
N/A |
121 |
7,260 |
10,805 |
10 years |
1,530 |
|
|
|
|
| Guardian
Life |
UL Protector Gold
GMDB |
N/A |
N/A |
N/A |
6,154 |
All years |
N/A |
N/A |
6,170 |
14,307 |
Age 121 |
6,154 |
|
|
|
|
| Guardian
Life |
UltraMax Gold (SM)
AV |
6,736 |
All years |
N/A |
6,655 |
All years |
N/A |
121 |
14,230 |
14,530 |
10 years |
2,730 |
|
|
|
|
| Hartford Life |
Hartford Bicentennial UL Founders F/G |
4,975 |
All years |
N/A |
4,822 |
All years |
N/A |
120 |
7,720 |
10,776 |
5 years |
3,198 |
|
|
|
|
| ING "Security Life of
Denver" |
Guaranteed Death Benefit UL II GMDB |
9,081 |
All years |
N/A |
8,987 |
All years |
N/A |
121 |
6,530 |
N/A* |
Lifetime |
5,420 |
|
|
|
|
| ING "Security Life of
Denver" |
ING Universal Life - CV
AV |
5,631 |
All years |
N/A |
5,540 |
All years |
N/A |
121 |
6,290 |
12,912 |
5 years |
4,058 |
|
|
|
|
| Jackson National Life |
Jackson Accumulator UL
AV |
6,790 |
All years |
N/A |
6,790 |
All years |
N/A |
121 |
9,720 |
14,803 |
5 years |
4,080 |
|
|
|
|
| Jackson National Life |
Generations UL GMDB |
9,836 |
All years |
N/A |
9,836 |
All years |
N/A |
121 |
6,134 |
14,670 |
Lifetime |
6,134 |
|
|
|
|
| John Hancock Life |
Protection UL-G GMDB |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
6,582 |
N/A |
Lifetime |
6,500 |
|
|
|
|
| John Hancock Life |
Performance UL 08 Reprice
F/G |
6,154 |
All years |
N/A |
5,655 |
All years |
N/A |
N/R |
6,350 |
13,925 |
9 years |
5,066 |
|
|
|
|
| John Hancock Life (USA) |
Accumulation UL AV |
6,619 |
All years |
N/A |
5,980 |
All years |
N/A |
100 |
9,479 |
13,139 |
5 years |
3,999 |
|
|
|
|
| Lincoln Benefit Life |
Legacy Secure F/G |
7,161 |
All years |
N/A |
6,503 |
All years |
N/A |
N/R |
6,926 |
15,253 |
Age 121 |
6,503 |
|
|
|
|
| Lincoln Benefit Life |
Ultra Plus AV |
6,108 |
All years |
N/A |
6,066 |
All years |
N/A |
121 |
6,846 |
13,672 |
10 years |
3,936 |
|
|
|
|
| Lincoln National Life |
Lincoln LifeReserve UL
AV |
7,238 |
All years |
N/A |
7,238 |
All years |
N/A |
N/R |
8,960 |
16,314 |
5 years |
N/A |
|
|
|
|
| Lincoln National Life |
Lincoln LifeGuarantee(sm) Plus UL GMDB |
6,912 |
All years |
N/A |
6,911 |
All years |
N/A |
121 |
7,830 |
14,659 |
Lifetime |
6,331 |
|
|
|
|
| Lincoln National Life |
Lincoln LifeCurrent(sm) UL
F/G |
6,319 |
All years |
N/A |
5,323 |
All years |
N/A |
121 |
6,450 |
12,410 |
21 years |
3,574 |
|
|
|
|
| Massachusetts Mutual Life |
Universal Life Navigator
F/G |
7,742 |
All years |
N/A |
7,472 |
All years |
N/A |
100 |
7,540 |
17,518 |
None |
N/A |
|
|
|
|
| MetLife |
Guarantee Advantage UL(2001 CSO) F/G |
6,300 |
All years |
N/A |
5,530 |
All years |
N/A |
121 |
6,927 |
13,354 |
Lifetime |
5,455 |
|
|
|
|
| Midland National Life |
UL-CV AV |
5,479 |
All years |
N/A |
5,379 |
All years |
N/A |
100 |
10,590 |
10,426 |
20 years |
4,344 |
|
|
|
|
| Midland National Life |
UL-DB DB |
4,579 |
All years |
N/A |
4,216 |
All years |
N/A |
100 |
6,060 |
8,369 |
Lifetime |
5,445 |
|
|
|
|
| National
Life |
NL AssurePlus Protector
DB |
5,356 |
All years |
N/A |
5,262 |
All years |
N/A |
100 |
6,442 |
10,567 |
None |
N/A |
|
|
|
|
| Nationwide Life |
YourLife Accumulation UL
F/G |
5,743 |
All years |
N/A |
5,740 |
All years |
N/A |
120 |
7,191 |
13,003 |
5 years |
5,743 |
|
|
|
|
| Nationwide Life |
YourLife ULtimate UL
GMDB |
13,870 |
All years |
N/A |
13,460 |
All years |
N/A |
100 |
7,264 |
13,183 |
Lifetime |
6,122 |
|
|
|
|
| New York Life |
New York Life Universal Life
F/G |
5,483 |
All years |
N/A |
5,383 |
All years |
N/A |
N/A* |
8,500 |
12,679 |
None |
N/A |
|
|
|
|
| North American Life |
Custom Term GUL GMDB |
4,579 |
All years |
N/A |
4,215 |
All years |
N/A |
100 |
6,380 |
8,369 |
Lifetime |
5,545 |
|
|
|
|
| North American Life |
Custom Guarantee F/G |
9,037 |
All years |
N/A |
9,037 |
All years |
N/A |
120 |
6,001 |
N/A* |
Age 120 |
5,532 |
|
|
|
|
| North American Life |
Custom GrowthCV AV |
5,479 |
All years |
N/A |
5,379 |
All years |
N/A |
120 |
10,590 |
10,426 |
20 years |
4,344 |
|
|
|
|
| Northwestern Mutual Life |
Custom UL Accumulator AV |
6,492 |
All years |
N/A |
6,492 |
All years |
N/A |
121 |
15,910 |
15,573 |
None |
N/A |
|
|
|
|
| Northwestern Mutual Life |
Custom UL Protector
F/G |
6,345 |
All years |
N/A |
6,345 |
All years |
N/A |
121 |
15,910 |
15,342 |
4 years |
740 |
|
|
|
|
| Ohio National Life |
Virtus Value II F/G |
4,582 |
All years |
N/A |
4,581 |
All years |
N/A |
121 |
5,952 |
10,297 |
10 years |
5,952 |
|
|
|
|
| Ohio National Life |
Virtus Lifetime G
GMDB |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
6,060 |
N/A |
Lifetime |
6,060 |
|
|
|
|
| Pacific Life |
VersaFlex NLG GMDB |
6,230 |
All years |
N/A |
6,180 |
All years |
N/A |
120 |
7,500 |
15,893 |
Lifetime |
5,369 |
|
|
|
|
| Penn Mutual Life |
Guaranteed Protection UL
GMDB |
6,349 |
All years |
N/A |
6,184 |
All years |
N/A |
100 |
7,550 |
12,658 |
Age 121 |
5,729 |
|
|
|
|
| Phoenix Life |
Phoenix Accumulator UL
AV |
5,329 |
All years |
N/A |
5,329 |
All years |
N/A |
121 |
7,000 |
11,780 |
5 years |
3,200 |
|
|
|
|
| Phoenix
Life |
Phoenix UL with Guarantee
GMDB |
N/A* |
N/A* |
N/A* |
N/A* |
N/A* |
N/A* |
N/A* |
6,882 |
13,790 |
Lifetime |
5,550 |
|
|
|
|
| Principal Life |
UL Protector III GMDB |
13,674* |
All years |
N/A |
13,674* |
All years |
N/A |
121 |
6,900 |
37,194 |
Lifetime |
5,968 |
|
|
|
|
| Principal
Life |
UL Flex F/G |
5,909* |
All years |
N/A |
5,909* |
All years |
N/A |
121 |
6,710 |
13,524 |
None |
N/A |
|
|
|
|
| Protective Life |
Centennial G II Plus
F/G |
6,787 |
All years |
N/A |
6,787 |
All years |
N/A |
121 |
7,190 |
15,099 |
Lifetime |
5,587 |
|
|
|
|
| Protective Life |
ProClassic F/G |
5,900 |
All years |
N/A |
5,697 |
All years |
N/A |
121 |
6,460 |
12,905 |
15 years |
3,461 |
|
|
|
|
| Protective Life |
Centennial G II F/G |
13,213 |
All years |
N/A |
12,872 |
All years |
N/A |
121 |
6,420 |
N/A |
Lifetime |
5,273 |
|
|
|
|
| Prudential Financial Life |
PruLife Universal Plus
AV |
6,473 |
All years |
N/A |
6,473 |
All years |
N/A |
120 |
6,340 |
14,466 |
25 years |
6,280 |
|
|
|
|
| Prudential Financial Life |
PruLife Universal Protector
F/G |
6,331 |
All years |
N/A |
6,331 |
All years |
N/A |
120 |
5,250 |
14,372 |
Lifetime |
5,025 |
|
|
|
|
| Security Mutual of NY |
Security XLC F/G |
5,601* |
All years |
N/A |
5,029* |
All years |
N/A |
120 |
8,180 |
11,195* |
5 years |
2,888 |
|
|
|
|
| State
Farm Life |
Universal Life F/G |
9,582 |
1 & 2 |
7,978 |
9,582 |
1 & 2 |
7,978 |
121 |
N/R |
14,803 |
2 years |
9,582 |
|
|
|
|
| Sun Life Financial |
Sun Universal Protector
GMDB |
10,593 |
All years |
N/A |
10,593 |
All years |
N/A |
N/R |
7,300 |
16,386 |
Lifetime |
5,461 |
|
|
|
|
| Sun Life Financial |
Sun Universal ProtectorPlus 2009 F/G |
6,093 |
All years |
N/A |
5,366 |
All years |
N/A |
N/R |
6,480 |
12,280 |
44 years |
15,940 |
|
|
|
|
| Thrivent Financial for
Lutherans |
UL Lifetime Protector
GMDB |
8,348 |
1-67 |
N/A |
6,867 |
All years |
N/A |
N/A* |
6,867 |
15,379 |
Age 121 |
6,867 |
|
|
|
|
| Thrivent Financial for
Lutherans |
Universal Life II F/G |
6,005 * |
All years |
N/A |
6,005 * |
All years |
N/A |
102 |
6,918 |
12,231 |
Age 121 |
10,475 |
|
|
|
|
| TIAA-CREF
Life |
Intelligent Life Universal Life AV |
5,740 |
All years |
N/A |
5,740 |
All years |
N/A |
121 |
N/A |
13,189 |
None |
N/A |
|
|
|
|
| Transamerica Life |
TransUltra Plus 2006
DB |
6,644 |
All years |
N/A |
6,210 |
All years |
N/A |
121 |
6,670 |
13,024 |
Lifetime |
129,600 |
|
|
|
|
| Transamerica
Life |
TransUltra SP 2006 AV |
5,119 |
All years |
N/A |
4,957 |
All years |
N/A |
121 |
6,670 |
9,970 |
Lifetime |
17,495 |
|
|
|
|
| Transamerica Life |
TransACE NY GMDB |
9,148 |
All years |
N/A |
5,558* |
All years |
N/A |
111 |
7,500 |
12,112 |
Lifetime |
5,558 |
|
|
|
|
| Transamerica Life |
TransAce GMDB |
9,148 |
All years |
N/A |
5,558 |
All years |
N/A |
111 |
7,500 |
12,112 |
Lifetime |
5,558 |
|
|
|
|
| Union Central Life (UNIFI Co) |
Excel LifeValue UL
F/G |
5,238 |
All years |
N/A |
5,237 |
All years |
N/A |
N/R |
7,120 |
11,277 |
10 years |
7,120 |
|
|
|
|
| United of Omaha |
Guaranteed Universal Life Complete GMDB |
10,098 |
All years |
N/A |
6,398 |
All years |
N/A |
120 |
7,920 |
14,449 |
Age 120 |
6,398 |
|
|
|
|
| United of Omaha |
AccumUL Plus AV |
6,451 |
All years |
N/A |
6,098 |
All years |
N/A |
120 |
6,150 |
12,953 |
30 years |
6,150 |
|
|
|
|
| USAA Life of NY |
Universal Life AV |
6,939 |
All years |
N/A |
6,939 |
All years |
N/A |
120 |
N/A |
N/A |
None |
N/A |
|
|
|
|
| USAA Life |
Universal Life AV |
6,939 |
All years |
N/A |
6,939 |
All years |
N/A |
120 |
N/A |
N/A |
None |
N/A |
|
|
|
|
| West Coast Life |
Lifetime Advantage Plus
F/G |
5,900 |
All years |
N/A |
5,697 |
All years |
N/A |
100 |
6,460 |
12,905 |
15 years |
3,461 |
|
|
|
|
| West
Coast Life |
Lifetime Platinum III
GMDB |
13,213 |
All years |
N/A |
12,872 |
All years |
N/A |
121 |
6,420 |
N/A |
Lifetime |
5,273 |
|
|
|
|
| West Coast Life |
Lifetime Platinum III Plus
F/G |
6,787 |
All years |
N/A |
6,787 |
All years |
N/A |
121 |
7,190 |
15,099 |
Lifetime |
5,587 |
|
|
|
|
| William Penn Life of NY |
Longevity UL 100 GMDB |
6,150 |
All years |
N/A |
5,011 |
All years |
N/A |
100 |
6,120 |
12,056 |
Lifetime |
6,120 |
|
|
|
|
|
|
|
|
|
|
|
|
| For
cash value test used please see the illustration comparison section of Full
Disclosure. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Illustration
Footnote & Clarification |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| American
General Life |
AIG ContinUL Extend
GMDB |
Policy is designed as a
Guaranteed Death Benefit product. See Death Benefit Guarantee analysis in
QuickShot Section of Full Disclosure. |
|
|
| Ameritas Life (UNIFI Co) |
Excel Secondary Guarantee UL
GMDB |
Policy is designed as a
Guaranteed Death Benefit product. See Death Benefit Guarantee analysis in
QuickShot Section of Full Disclosure. |
|
|
| Banner Life |
Life Umbrella UL 120
GMDB |
Policy is designed as a
Guaranteed Death Benefit product. See Death Benefit Guarantee analysis in
QuickShot Section of Full Disclosure. |
|
|
| Genworth Life |
Lifetime FlexPlus(sm) II
GMDB |
Policy is designed as a
Guaranteed Death Benefit product. See Death Benefit Guarantee analysis in
QuickShot Section of Full Disclosure. |
|
|
| Guardian
Life |
UL Protector Gold
GMDB |
Policy is designed as a
Guaranteed Death Benefit product. See Death Benefit Guarantee analysis in
QuickShot Section of Full Disclosure. |
|
|
| Guardian
Life |
UltraMax Gold (SM)
DB |
This product has an
alternate net cash surrender value; in the early years the cash surrender
value is higher than the account value. |
|
|
| Hartford Life |
Hartford Bicentennial UL Freedom GMDB |
Policy is designed as a
Guaranteed Death Benefit product. See Death Benefit Guarantee analysis in
QuickShot Section of Full Disclosure. |
|
|
| ING "Security Life of
Denver" |
Guaranteed Death Benefit UL II GMDB |
Guideline premium
violation |
|
|
| Jackson National Life |
Generations UL GMDB |
Generations does not have
an increasing death benefit option. |
|
|
| John Hancock Life |
Protection UL-G GMDB |
Policy is designed as a
Guaranteed Death Benefit product. See Death Benefit Guarantee analysis in
QuickShot Section of Full Disclosure. |
|
|
| Lincoln National Life |
Lincoln LifeReserve UL
AV |
Policy lapses at age 90. |
|
|
| Lincoln National Life |
Lincoln LifeGuarantee(sm) UL
GMDB |
Policy is designed as a
Guaranteed Death Benefit product. See Death Benefit Guarantee analysis in
QuickShot Section of Full Disclosure. |
|
|
| Massachusetts Mutual Life |
UL Guard 2(SM) GMDB |
Guarantee premium is
paid to age 100. Policy is designed
as a Guaranteed Death Benefit product. See Death Benefit Guarantee analysis
in QuickShot Section of Full Disclosure. |
|
|
| Midland
National Life |
Century UL-G GMDB |
Policy is designed as a
Guaranteed Death Benefit product. See Death Benefit Guarantee analysis in
QuickShot Section of Full Disclosure. |
|
|
| Nationwide Life |
YourLife Accumulation UL |
4.70% ($250,000); 5.45%
($1,000,000+) |
|
|
| Nationwide Life |
YourLife ULtimate UL
GMDB |
Policy is designed as a
Guaranteed Death Benefit product. See Death Benefit Guarantee analysis in
QuickShot Section of Full Disclosure. |
|
|
| New York Life |
NYLIAC Protector 2005
DB |
$1,000,000 not available
unless using 10yr, 20yr, Age 85, Age 100 NLGR. |
|
|
| New York Life |
New York Life Universal Life
F/G |
Minimum $1,000,000 issue
amount. |
|
|
| North American Life |
Custom Guarantee F/G |
No premiums shown for
"Current Ten-Pay Premium", as policy is generally sold on a
guaranteed premium basis. |
|
|
| Northwestern Mutual Life |
Custom UL Accumulator AV |
Illustrations
are 100% base amount, 0% supplemental amount; Premier NT class used;
$1,000,000 minimum specified amount, $25,000 first year premium requirement
ignored. |
|
|
|
Current
rate: 6.15% (Tier 1), 4.15% (Tier 2) unloaned; 5.00% loaned. In order to
recognize the greater investment risk associated with higher premiums per
$1,000 of death benefit, |
|
|
|
a
premium threshold is set for determining credited interest rates. Any premium below the Tier One Maximum
Annual Premium is deposited to Tier 1. |
|
|
|
Premiums
above this limit are deposited to Tier 2. The non-guaranteed interest rate
credited to Tier 1 will generally be different than that credited to Tier 2, |
|
|
|
but the guaranteed
interest rate 4.00% (yrs 1-15), 3.00% (yrs 16+). is the same for both Tiers.
Policy charges, loans |
|
|
|
and withdrawals are
taken first from Tier 2. Also, a
percentage of Tier 2 is currently transferred to Tier 1 each month. |
|
|
| Northwestern Mutual Life |
Custom UL Protector
F/G |
Illustrations
are 100% base amount, 0% supplemental amount. Premier NT class used. |
|
|
| Ohio National Life |
Virtus Value II F/G |
Minimum
premium solves, 10 Pay premium solves, and increasing death benefit
comparisons use GLPT. All other level death benefit comparisons use CVAT. |
|
|
|
|
Current rate: 5.25%
($100,000-$249,999); 5.50% ($250,000+). |
|
|
| Ohio National Life |
Virtus Lifetime G
GMDB |
Policy is designed as a
Guaranteed Death Benefit product. See Death Benefit Guarantee analysis in
QuickShot Section of Full Disclosure. |
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| Pacific Life |
VersaFlex NLG GMDB |
Target premiums are
based on 100% commissionable base/ART blends; all-base and solved-for
premiums will have different targets. |
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| Phoenix
Life |
Phoenix UL with Guarantee
GMDB |
Policy is designed as a
Guaranteed Death Benefit product. See Death Benefit Guarantee analysis in
QuickShot Section of Full Disclosure. |
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| Principal Life |
UL Protector III F/G |
Solves for endow, carry,
and 10 pay are higher than solve for guarantee premium because of the
requirement for $1 of cash value at maturity on these solves. |
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| Principal
Life |
UL Flex F/G |
4.70%
($100,000-$999,999); 4.90% ($1,000,000+); Endow and Carry premiums are equal
because minimum required premium is more than enough to carry the policy to
maturity. |
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| Security Mutual of NY |
Security XLC |
Minimum to Carry and
Ten-Pay premiums provide coverage to age 100; Endows are to Age 120 |
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| State
Farm Life |
Universal Life F/G |
Lapses at age 95 due to
IRS guidelines, 10 pay premium lapses at age 89 due to IRS guidelines. |
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| Thrivent Financial for
Lutherans |
Universal Life II F/G |
Guaranteed Crediting
rate: 3.00% (years 1-10). |
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| Transamerica Life |
TransUltra Plus 2006
DB |
Product not meant for
level death benefit. |
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| Transamerica Life |
TransACE NY GMDB |
Minimum premium to carry
on current basis as well as current 10 pays & targets used Ace
(guaranteed) premium as less expensive. |
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| Transamerica Life |
TransAce GMDB |
Minimum premium to carry
on current basis as well as current 10 pays & targets used Ace
(guaranteed) premium as less expensive. |
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| West Coast Life |
Lifetime Platinum III Plus |
Increasing death benefit
is not available. |
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