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This product is only available in CA.
Survivorship Plus Indexed Universal Life is a permanent life insurance policy designed to cover two individuals and provides:
Survivorship Plus Indexed Universal Life provides strong cash value accumulation potential with downside protection. You can build cash value in several ways:
Survivorship Plus Indexed Universal Life is an attractive option for two individuals who:
Accessing cash values may result in surrender fees and charges, may require additional premium payments to maintain coverage, and will reduce the death benefit and policy values.
All guarantees are based upon the claim-paying ability of the issuer.
Investing regular amounts steadily over time (dollar-cost averaging) may lower your average per-share cost, however; periodic investment programs cannot guarantee a profit or protect against a loss in a declining market.
“S&P 500” and “500” are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by The Penn Insurance & Annuity Company and its affiliates. The Product is not sponsored, endorsed, sold or promoted by Standard & Poor’s and Standard & Poor’s makes no representation regarding the advisability of investing in the Product.
You have complete access to your money and can withdraw or borrow funds from your policy for whatever reason. Survivorship Plus Indexed Universal Life provides the option to choose between two types of loans.
Note: Outstanding loans and withdraws can reduce your cash value and death benefit at the death of the insured.