Life Insurance with Living Benefits Products issued by National Life Insurance Company | Life Insurance of the Southwest National Life Group is a trade

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  • Life Insurance with Living BenefitsProducts issued byNational Life Insurance Company | Life Insurance of the SouthwestNational Life Group is a trade name of National Life Insurance Company, Montpelier, VT, Life Insurance Company of the Southwest (LSW), Addison, TX and their affiliates. Each company of NL Group is solely responsible for its own financial condition and contractual obligations. LSW is not an authorized insurer in New York and does not conduct insurance business in New York

    TC80406(0614)3For Agent Use Only Not For Use With The Public

  • What is it?Living benefitsLife Insurance You Dont Have To Die To UseTC80407(0614)3For Agent Use Only Not For Use With The Public

  • Statistics Dont LieWhat are the chances of experiencing one of these events?American Heart Association, American Stroke Association, Heart Disease and Stroke Statistics, 2012 updateMedicare, US Dept. of Health and Human Services, 2012TC80408(0614)3For Agent Use Only Not For Use With The Public

  • Leverage the power of ABRs in the event of a qualifyingTerminal IllnessChronic IllnessCritical IllnessAccelerated Benefit Riders are optional and may not be available in all states or on all products. Receipt of Accelerated Benefits will reduce the Cash Value and Death Benefit otherwise payable under the policy, may result in a taxable event, and may affect your clients eligibility for public assistance programs.

    TC80409(0614)3For Agent Use Only Not For Use With The PublicLife Insurance With Accelerated Benefits Riders

  • Things to Consider About Accelerated Benefits RidersABRs are available at issue at no additional cost!Riders are supplemental benefits that can be added to a life insurance policy and are not suitable unless the client has a need for life insurance.

    TC80409(0614)3For Agent Use Only Not For Use With The Public

  • Accelerated Benefits Riders*state specials apply check your policy form for state specific information.Receipt of Accelerated Benefits will reduce the Cash Value and Death Benefit otherwise payable under the policy, may result in a taxable event, and may affect your clients eligibility for public assistance programs. Riders are supplemental benefits that can be added to a life insurance policy and are not suitable unless the client as a need for life insurance. TC80411(0614)3For Agent Use Only Not For Use With The PublicAvailable on National Life and LSW Policies

  • Life Insurance With Accelerated Benefit RidersInsured must be diagnosed by a physician with a terminal illness. Generally the condition must be expected to result in death within 24 months, but this may vary slightly by state.The client can accelerate all or a portion of the discounted death benefit and the benefit is received in a lump sumBenefits can be used for anythingMaximum lifetime benefit is $1,500,000Receipt of Accelerated Benefits will reduce the Cash Value and Death Benefit otherwise payable under the policy, may result in a taxable event, and may affect your clients eligibility for public assistance programs. Riders are supplemental benefits that can be added to a life insurance policy and are not suitable unless the client as a need for life insurance. TC80412(0614)3For Agent Use Only Not For Use With The Public

  • Assumptions:Male Age 45, Standard N/S; N/T$500,000 Death Benefit$9,174 PremiumFlexLife; Basic Strategy4.75%100% P-tP CapFocus 8.10%Benefit Summary Age 65$431,629 at Age 65

    Based on nonguaranteed assumptions. Actual values may be higher or lower than shown.Life Insurance With Accelerated Benefit RidersReceipt of Accelerated Benefits will reduce the Cash Value and Death Benefit otherwise payable under the policy, may result in a taxable event, and may affect your clients eligibility for public assistance programs. Riders are supplemental benefits that can be added to a life insurance policy and are not suitable unless the client as a need for life insurance. TC80413(0614)3For Agent Use Only Not For Use With The PublicExample of Terminal Illness Benefit

  • A Licensed Health Care Practitioner must certify that within the last 12 months, the insured, for a period of 90 consecutive days, could not perform two out of six Activities of Daily Living (ADLs); Or required substantial supervision to protect oneself from threats to health and safety due to Severe Cognitive impairment.Maximum lifetime benefit is $1,500,000*state specials apply check your policy form for state specific information.Chronic IllnessUnable to perform two of six Activities of Daily Living or cognitive impairmentWaiting period*Life Insurance With Accelerated Benefit RidersReceipt of Accelerated Benefits will reduce the Cash Value and Death Benefit otherwise payable under the policy, may result in a taxable event, and may affect your clients eligibility for public assistance programs. Riders are supplemental benefits that can be added to a life insurance policy and are not suitable unless the client as a need for life insurance. TC80414(0614)3For Agent Use Only Not For Use With The Public

  • AssumptionsMale Age 45, Standard N/S; N/T$500,000 Death Benefit$9,174 PremiumFlexLife; Basic Strategy4.75%100% P-tP CapFocus 8.10%Life Insurance With Accelerated Benefit RidersReceipt of Accelerated Benefits will reduce the Cash Value and Death Benefit otherwise payable under the policy, may result in a taxable event, and may affect your clients eligibility for public assistance programs. Riders are supplemental benefits that can be added to a life insurance policy and are not suitable unless the client as a need for life insurance. TC80415(0614)3For Agent Use Only Not For Use With The PublicExample of Chronic Illness Benefit

  • To qualify for Critical Illness, the insured must have or have had one of the listed conditionsWaiting period*:90 Days for NL30 Days for LSWMaximum lifetime benefit is $1,000,000Critical IllnessQualifying Conditions*Heart attackStrokeCancerEnd state renal failureMajor organ transplantALS (Lou Gehrigs disease)Blindness*state specials apply check your policy form for state specific information.Life Insurance With Accelerated Benefit RidersReceipt of Accelerated Benefits will reduce the Cash Value and Death Benefit otherwise payable under the policy, may result in a taxable event, and may affect your clients eligibility for public assistance programs. Riders are supplemental benefits that can be added to a life insurance policy and are not suitable unless the client as a need for life insurance. TC80416(0614)3For Agent Use Only Not For Use With The Public

  • Assumptions:Male Age 45, Standard N/S; N/T$500,000 Death Benefit$9,174 PremiumFlexLife; Basic Strategy4.75%100% P-tP CapFocus 8.10%

    $409,469Category 4 Life ThreateningBased on nonguaranteed assumptions. Actual values may be higher or lower than shown.Life Insurance With Accelerated Benefit RidersReceipt of Accelerated Benefits will reduce the Cash Value and Death Benefit otherwise payable under the policy, may result in a taxable event, and may affect your clients eligibility for public assistance programs. Riders are supplemental benefits that can be added to a life insurance policy and are not suitable unless the client as a need for life insurance. TC80417(0614)3For Agent Use Only Not For Use With The PublicExample of Critical Illness Benefit

  • How does it work?Why should you care?Life Insurance With The Lifetime Income Benefit RiderWhat is it?TC80418(0614)3For Agent Use Only Not For Use With The Public

  • Tax-Free Income For Life!Benefit payments will continue as fixed Net Cost loans.Because policy loans are tax-free, once qualifications are met, LIBR payments are guaranteed to continue tax-free for life.The Lifetime Income Benefit Rider provides a benefit for the life of the insured if certain conditions are met, including but not limited to the insureds attained age being between 60 and 85, and that the policy has been inforce at least 10 years (15 years for LSW SecurePlus Provider). Insufficient policy values or outstanding policy loans may also restrict exercising the rider. Exercising the rider and receiving an income benefit will reduce the policys cash value and death benefit and may terminate other riders or reduce their benefits. Except in the case of a Modified Endowment Contract (MEC), withdrawals up to the basis paid into the contract and loans thereafter will not create an immediate taxable event, but substantial tax ramifications could result upon contract lapse or surrender. All benefit payments will be taxable on MECs.TC80420(0614)3For Agent Use Only Not For Use With The PublicLife Insurance With The Lifetime Income Benefit Rider

  • 1Assumes Non-MEC PolicyHow It WorksRiders are supplemental benefits that can be added to a life insurance policy and are not suitable unless the client has a need for life insurance.TC80421(0614)3For Agent Use Only Not For Use With The PublicLife Insurance With The Lifetime Income Benefit Rider

  • Level Income Option

    For Agent Use Only Not For Use With The Public

  • Increasing Income Option

    For Agent Use Only Not For Use With The Public

  • Life Insurance With The Lifetime Income Benefit RiderTC80422(0614)3For Agent Use Only Not For Use With The Public

  • Must be between ages 60 to 85.Minimum waiting period:10 policy years.15 for LSW SecurePlus Provider.Must meet maximum death benefit ratio.Modal income payment must be $100.Outstanding policy loans must be repaid in full.Policy cannot be owned by a qualified pension or profit sharing plan at time of income election.Exercising the rider may terminate other riders, or reduce their benefits.Life Insurance With The Lifetime Income Benefit RiderTC80423(0614)3For Agent Use Only Not For Use With The Public

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