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FOR OTHER ADVISORS -
Source Book
Return
of Premium Term
The Ratings of The Insurers Shown Are At Least:
AM Best=A+, S&P=AA, Moody's=Aa
30-Year Return of Premium Term
cost per $1,000,000 of coverage
This policy provides a level amount of term life insurance coverage
for a level annual premium. At the end of the 30-year term, if
a death has not occurred, the policy guarantees to return 100%
of the
total premiums paid to the policy owner.
For example; for a 35-year old female, $1,000,000 of term life
insurance can be provided for 30 years by paying an annual
premium of $1,380
for each of the 30 years. If the insured dies during the 30
years, the $1,000,000 is paid out. If not, and the policy remains
in
effect for the full 30 years, a premium refund of $41,400 (30
X 1,380) would
be made to the policy owner. |
|
Age at Issue |
Annual Level Premium
30-Year Guarantee |
| Male |
Female |
| 25 |
$1,210 |
$950 |
| 30 |
$1,210 |
$1,000 |
| 35 |
$1,620 |
$1,380 |
| 40 |
$2,210 |
$1,830 |
| 45 |
$3,360 |
$2,350 |
| 50 |
$5,930 |
$3,710 |
| 55 |
N.A. |
N.A. |
| 60 |
N.A. |
N.A. |
| 65 |
N.A. |
N.A. |
| 70 |
N.A. |
N.A. |
| Updated
October 1, 2008 |
Rates above assume non-smoker in "Preferred" or "Best
Preferred" health category. They cannot be assumed to be the rates
at which any particular policy will be issued. Final issue decisions
and final rates must be determined only after a application, a medical
examination and additional data is obtained by the insurer.
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