Q&A – Guaranteed Benefits

Question:

Premiums are guaranteed for both the base policy and continuation of benefit rider (Asset-Care & Annuity Care).  Are there other elements of the policy that are guaranteed?

Answer:

There are guaranteed elements of every policy that extends beyond the premium.  With Asset-Care I & IV, for example, the minimum guaranteed benefit that will be paid from the policy will be the specified amount (death benefit).

With Indexed Annuity Care, there is a guaranteed “step-up” in the benefit pool for the first 15 policy years (except Connecticut).

If you are seeking more info, give either Justin Fox or me a shout.