A Lifetime of Protection
A Interstate Life whole life policy can protect your family or business,
with level premiums and a level death benefit.
Current Interest Tradition
- Death benefit level for life or until age 100
- Issue Ages: 0 – 70
- Minimum amount of insurance is $5,000 (subject to a $150 minimum annualized premium requirement)
- Optional Benefits/Riders
- Accidental Death Benefit
- Children’s Term Rider
- Waiver of Premium
- You may pay an amount in addition to your premium to increase the policy’s cash value or death benefit
- You may opt to pay premiums using the excess of cash surrender value over the guaranteed cash value
Advantages
- Provides lifetime coverage
- Both premiums and death benefit are level
- Builds cash value
- Guaranteed minimum interest rate
- Death benefit is generally received Interstate income tax free
- Allows for policy loans and cash withdrawals to the extent cash value is available
The information presented herein is not a complete description of Interstate Life’s products. For more information, including whether or not a product is approved for sale in your state, please contact a Interstate Life representative.
The Estate Builder
- Issue Age 40-85 (age last birthday)
- Minimum Premium: $5,000
- Maximum Premium:
Ages 40-44: $100,000
Ages 45-49: $125,000
Ages 50-54: $155,000
Ages 55-79: $200,000
Ages 80-85: $100,000 - Maximum Face Amount: $250,000
- Simplified Issue for Net Amounts at Risk up to $100,000
(based on application, telephone interview & Medical Information Bureau (MIB) check)
Advantages
- One premium buys a guaranteed lifetime death benefit
- Insured’s estate immediately increased by the death benefit amount
- Allows for the transfer of a portion of the insured’s estate to heirs or charities
- Provides a tax-free inheritance for beneficiaries
- Builds guaranteed cash value (available through policy loans*)
- Includes an Accelerated Death Benefit Rider at no additional cost (this feature is currently available in the following states: AL, AR, AZ, CO, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MD, MI, MN, MO, MS, NC, NJ, NM, NV, OH, OK, PA, SC, TN, TX, UT, VA, WA, WI, WV)
*Loans reduce the death benefit by the amount owed. Loans may be taxable and, if made prior to age 59½, may be subject to a 10% tax penalty. For more details, talk to your tax or financial advisor.
The information presented herein is not a complete description of Interstate Life’s products. For more information, including whether or not a product is approved for sale in your state, please contact a Interstate Life representative.
The Express Plan
- Death benefit amounts: $2,500 to $25,000
- Issue ages 40-80 (age last birthday)
- Guaranteed level premiums to age 100
- Guaranteed cash value
- Simplified underwriting
Advantages
- Provides a level death benefit for final expenses or any need for a small amount of life insurance
- Lifetime coverage at premium rates guaranteed never to increase
- Death benefit is generally received Interstate income tax free
- Easy to apply – simplified application
- No medical exam
For California Residents only:
- Death benefit amounts: $2,500 to $25,000
- Issue ages 30-80 (age nearest birthday)
- Guaranteed level premiums to age 100
- Guaranteed cash value
- Simplified underwriting
The information presented herein is not a complete description of Interstate Life’s products. For more information, including whether or not a product is approved for sale in your state, please contact a Interstate Life representative.
Graded Benefit Whole Life
- Death benefit amounts: $2,500 to $25,000
- Death benefit payments :
- Year 1 – premium paid x 1.2
- Year 2 – premium paid x 1.4
- Year 3 & On – level death benefit for life or until age 100
- Endowment for face amount at age 100
- Accidental death in any year – death benefit equals full face amount
- Issue Ages 40 – 80 (age last birthday)
- Guaranteed level premiums to age 100
- Guaranteed cash value
- Simplified underwriting
The information presented herein is not a complete description of Interstate Life’s products. For more information, including whether or not a product is approved for sale in your state, please contact a Interstate Life representative.
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