[VIDEO] Protected Death Benefit – Our Unique Feature from North American
Looking to sell more indexed universal (IUL) insurance? The Protected Death Benefit – our unique life insurance feature—is just another reason to submit your IUL business with North American.1 See what it can do for your client!
- Your client chooses the guaranteed death benefit amount
- Guarantees a death benefit amount to prevent your client’s policy from lapsing
- Take distributions 2 and choose when to use the benefit3
- Automatically included on all North American IUL insurance products
- No additional underwriting on premium4
Watch the video to learn more about North American’s exclusive life insurance feature!1
Subject to premium payments.
1. To the best of our knowledge, this feature is not available for products outside of Sammons® Financial Group, Inc.
2. In some situations, loans and withdrawals may be subject to federal taxes. North American does not give tax or legal advice. Clients should be instructed to consult with and rely on their own tax advisor or attorney for advice on their specific situation.
3. Policy must be inforce 15 years and insured must be age 65 or older.
4. There is no additional monthly deduction or premium charged for the Protected Death Benefit. Charges will only apply if the rider is exercised.