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3. Availability is determined using the Net Single Premium.
4. On this page you will also be able to tell if banking information on file.
7. Under this nonforfeiture option, the net cash surrender value of the policy is used as a single premium to purchase life insurance with a reduced face amount.
9. Premiums are guaranteed forward and guaranteed until the next premium recalculation period
11. The mortality rates charged are higher since these policies were originally issued as rated policies based on the insured's health conditions at the time of application.
13. FAST stands for?
16. Under ELIC, these policies were Irreplaceable VI Guaranteed Issued Contracts that had no underwriting requirements and they were usually issued based on a 1035 Exchange (policy came from another company)
17. These contracts allow two Face Amount increases prior to age 70.
18. Under ELIC, these policies were Irreplaceable VI Guaranteed Issue Contracts that had no underwriting requirements and they were usually issued based on a 1035 Exchange (policy from another company)
20. The owner incurs no tax liability on the interest_ earnings until the interest earnings are withdrawn.

1. The amount of money the policyowner may borrow using the cash surrender value of the policy as security
2. An annual administrative fee of $48.00
5. Many of the corporation are insolvent, so the insureds for the most part owns their policy (therefore no longer on group bill)
6. Death benefits are payable after the death of both insureds.
8. Issued on the lives of two insureds (Joint Life Policy)
10. The RAV amount is added to the Death Benefit Amount.
12. An annual policy fee of $48.00
14. The death benefit provided remains the same as that of the initial whole life insurance policy, less any outstanding policy loans.
15. Premiums are projected forward and may recalculate for the next premium recalculation period.
19. No account value