Interest Sensitive Whole Life Products

Annual Premium Junior Flex Life (JFLA)

Issue Ages: 0-17 Minimum Issue: $35,000

Annual Premium Adult Flex Life (FLA)

Maximum Issue: $1,000,000+

Issue Ages: 18-70 Minimum Issue: $30,000 Maximum Issue: $4,000,000+

The Flex Life Plan operates like a traditional whole life insurance plan with required premiums paid each year. If the policyholder makes the scheduled annual payments, the policyholder will be entitled to cash values no less than those provided under a traditional whole life insurance plan. The Flex Life also produces an Accumulation Account, where premiums go in, expense and risk charges are deducted and interest is credited. Surrender charges are imposed if premiums are discontinued and the policy lapses. Assuming premiums have been paid annually and there are no policy loans, the surrender value will be the greater of: a) Cash values for a traditional whole life product; or b) The Accumulation Value minus the surrender charges

If the annual premiums are not paid, the policy nonforfeiture options will be triggered.

Premiums for Annual Premium Flex Life Plans may be paid on an annual, semi-annual, quarterly, monthly or monthly bank draft basis.

Available Riders on Annual Premium Flex Life Plans

Accidental Death (5 to 70)

Insurability Protection

Premium Waiver

Non-Forfeiture Options on Annual Premium Flex Life Plans

Reduced Paid-up Whole Life Insurance

Surrender for Cash Value

Loans