Premier Whole Life

Reaching New Financial Heights With Premier Whole Life

Because many of life’s important endeavors have their ups and downs, it’s important to have the financial resources needed for leveraging opportunities or handling emergencies as they arise. Premier Whole Life features rock-solid benefits, which can be used to help smooth out any bumps on the path ahead.

Whole Life Is Guaranteed

The key benefit of whole life insurance is that it is guaranteed—if you pay the required premium, you will have a lifetime guaranteed death benefit, guaranteed cash value, and a guaranteed level premium for life. And with these guarantees comes policy versatility that can help you reach your long-term goals.

Cash Value for Living Needs

Premier Whole Life is designed to build high early cash value (as early as the first policy year), and it’s eligible for nonguaranteed dividends that can be used to decrease your premium or increase the death benefit. You can access your cash value through the surrender of paid up additions or policy loans* for managing life’s possibilities and its challenges, such as: education funding, home improvements, business opportunities, supplementing retirement plans, estate preservation, charitable giving, emergencies, and gifting.

*Policy loans and surrenders of paid up additions will reduce net cash value and death benefit. Policy loans are subject to interest charges. If your policy is a modified endowment contract (MEC), loans and withdrawals may be subject to taxes and penalties.

Riders Customize Coverage

Premier Whole Life has a full complement of riders that can easily adapt the coverage to your specific needs, while enhancing its financial strength. Additional riders can protect other family members, waive your premiums in the event of disability, provide twice the policy death benefit when death is accidental, and more. Your financial professional can help you determine which riders are best suited for meeting your objectives.

Dividends, Loans, and Surrender of Paid Up Additions

Premier Whole Life provides permanent, stable protection with extra flexibility through additional features, which include: nonguaranteed policy dividends, dividend options, variable policy loans, and surrender of paid-up additions.

Additional No-Cost Benefits

Beneficial also elevates the value of Premier Whole Life by providing significant additional benefits at no cost you: Accelerated Benefit for Chronic Illness,Accelerated Benefit for Terminal Illness,and the Charitable Giving Benefit.

 

Business Protection and Funding

Your Beneficial financial professional can provide information on the ways Premier Whole Life can help your business traverse challenges. The policy may strengthen your balance sheet and can be used for key person insurance, executive compensation programs, deferred compensation, buy/sell funding agreements, 412 (e)(3), 401(k), funding growth opportunities, and covering financial shortfalls.

Tax Advantages Increase Cash Value

Premier Whole Life’s cash value will grow on a tax-deferred basis that can increase your long-term accumulation value, since no annual tax is paid on the increase in policy cash value. The surrender of paid-up additions can be made free of income tax until more cash value is withdrawn than premiums paid. Unlike an IRA or 401(k) etc., there are no age regulations regarding the withdrawal of cash value. And Premier Whole Life can play a significant role in maximizing your legacy because life insurance proceeds usually pass on to beneficiaries income tax-free.

To find out more or get a price quote, click here to find a Beneficial agent near you.

Premier Whole Life form: 08-1121-01. Accelerated Benefit for Chronic Illness form: ABCI-04-1 or ABCI-04-02. Accelerated Benefit for Terminal Illness form: B10. Charitable Giving Benefit form: E-CHARIT. Fixed life products are offered by Beneficial Life Insurance Company, 150 Social Hall Ave., P.O. Box 45654, Salt Lake City, Utah 84145-0654, (801) 933-1100. These products are not available in all states. Beneficial Financial Group is a marketing name for Beneficial Life Insurance Company, its affiliated companies, and sales representatives. The policy contains the actual governing contractual provisions. Guarantees are subject to the claims-paying ability of the insurer. Beneficial Financial Group and its respective agents, representatives, and/or advisors, do not offer tax or legal advice. Please consult your attorney, accountant, or tax advisor about specific points of interest to you.