“Whole lie provides lietime insurance protectionwith signifcant guarantees and tax benefts...”
How Does Whole Lie Work? 3
dId you know... walt dise, able t la a sbstatial ba la,se the cash vale rm his hle lie plic t bila spralig theme par that is t therl as “the happiest place earth.”
H des whle Lie wr?
whle lie is a israce plic that prvies lietime israceprtecti ith
r the plicer. These garatees ca be viee as either
whe actaries esig a hle lie plic, the begi b etermiig hat rates are gig t be garatee.oce the garatee rates have bee set, the are se tetermie plic premims a vales. Garatee rates avales are base p cservative assmptis. A mtal lieisrace cmpa, sch as Garia, ill the ajst theserates a vales t crret citis thrgh the mechaism a -garatee
Becase lie israce is seeas beecial t the elare sciet, sigicat
have bee give t it that are t i ther acialistrmets.
what Are the Garatee Rates?
A hle lie plic is bilt p a ati threegaratee rates:
rate – this garatee cmesrm the 2001 CSo table, a table garatee mrtalit rates that are reqire b israce reglatis.
rate – this rate r Gariaplicies is 4.0% r the etire lie the plic.
actr – a allcati r expese that is cvere i garatee vales.
what Are the Garatee Vales?
The three garatee rates are cmbie i a actarialrmla that reslts i three garatee vales, a it is this tri garatee eatres that sets hle lie plicies apart rmall ther tpes acial istrmets. whle lie isracehas:
– The aal premim isctractall garatee t ever chage.
– The level eath beet isctractall garatee ever t g .
– The ctractall garateecash vale grs each ear til it is eqal t the aceamt the plic at a specie age, sall age 121.(Prir t the 2001 CSo table, it as age 100.)The graph at the tp page 4 illstrates the garatee vales a hle lie israce plic itht a ivie vales.The Garatee death Beet $500,000 is a cmbiati Garatee Cash Vale a Garatee net Amt at Ris.
year b ear the Garatee Cash Vale icreases til it iseqal t the ace amt the plic at age 121.
Net Amount at Risk is the dierence between the policy death beneft and the cash value.