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Survivorship Estate Design 

Survivorship Estate design is a long term planning tool for couples concerned with estate preservation. It is the original, and still the premier second to die universal life product on the market. Issue ages for the policy are 20-85. The guaranteed interest rate is 4.5%. The minimum policy amount is $100,000 with maturity to age 100. The monthly policy fee is only $6 and the premium load is guaranteed at 5%.The policy has two death benefit options;Option1(level) and Option2(increasing). A policy split rider is available at no cost. The rider splits the policy within 6 months following events; specific changes in the federal estate tax law, divorce of the two insureds and dissolution of a business interest. The estate protection rider provides an additional death benefit designed to cover increased estate taxes in the event the policy proceeds are included in the estate under the three year contemplation of death rule. The other insured rider provides level term protection on up to three rider insureds. This rider is usually used to solve first to die insurance needs.

Key Benefits

• Significant death benefit guarantees- offers 20 years, 50 years or joint attained age 100, that their death benefit will be paid at the second death-at a low guaranteed premium. 
• Guaranteed limited pay-premium payments can be limited to a specific period of time-guaranteed. Extended maturity adds flexibility by allowing you to extend the full death benefit past the original maturity date.
• Catch up provision allows you to pay as little as the minimum premium amount now and "catch up" to the longest guarantee premium level later without back interest charges.