In the quest for financial and economic security, investors are exposed to varying degrees of risk.  Traditional life insurance products provide investors the opportunity to hedge against these risks, including a premature death.  In addition, Variable Life insurance provides significant tax-advantaged accumulation opportunities during the owner's lifetime.  Variable Life insurance can provide: 

 

• tax-deferred accumulation of wealth (cash values) within a policy;
• immediate access to accumulated policy value for income or emergencies;
• access to cash values via withdrawals and loans during the insured's lifetime; 11
• tax-free payment of the death benefit to the beneficiaries, possibly a solution to business or estate transfer issues;
• access to top money managers and the ability to direct one's own investment within the policy (variable life policies only);
• asset allocation models and the ability to transfer assets at no cost between the subaccounts of the policy (variable life policies only). 12

Life insurance is used in personal, business, and estate planning situations.  Its flexibility and unique capacity to mitigate risk can make it a critical component of an investor’s overall financial plan.

11 A contingent deferred sales charge may be assessed against the contract value of a variable product if the policy is surrendered early. The termination value may be more or less than the amount of the premium payments made to the contract.

 

12 Variable life insurance is a security and is offered by prospectus only. Shares of variable life insurance subaccounts are subject to investment risk, including possible loss of principal amount invested, and will fluctuate in value.

All guarantees are subject to the claims paying ability of the issuing insurance company.