Level premium plans with a fixed number of premium payments. These Plans offer cash value
accumulation and re-instatement options. Excellent product when planning costs of insurance
The Conversion provision does not require additional proof of insurability or medical
examinations.
Benefits:
- Cash Value accumulation
- Forecasting the total cost of insurance
- Policy Loans may be granted against the cash value (loan may not exceed 80% of available cash
value)
- Policy may be re-instated up to 5 years from last due date (medical approval may be required)
- Lower Face limit amounts than Flexlife II
Target Market:
Excellent product for someone who wants to buy or offer insurance protection, but wants to budget and
manage the cost of coverage.