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We are no longer selling Futurity Survivorship II, it is closed to new sales!
Futurity Survivorship II offers a number of benefits:
Death Benefit - Provides immediate, federal income-tax-free funds to your family or business. With the ownership properly arranged, the death benefit can also pass free of gift, estate and probate taxes. This product offers the choice of several death benefit options, level or increasing, allowing you to select the one that best suits your needs. If your insurance needs change, you have the flexibility to change the death benefit option as well as increase or decrease the face amount.1
Additionally, if one of the insureds is still living at age 100 of the younger insured, your coverage will continue 2 in an amount equal to the account value or, for an additional cost, the full death benefit (net of any policy loans).
Flexible Premium Payments - You determine the amount and timing of your premium payments, within certain limits, to reflect your current financial situation.
Professional Money Management - Choose from a variety of investment options, including a Fixed Account, depending on your investment risk tolerance. As your needs and market conditions change, you can transfer among these options without incurring taxes.3
Tax-Deferred Growth - Your account values grow and compound tax-deferred, a significant advantage over investments where earnings are taxed each year.
Access to Your Money - While the asset accumulation benefits of a policy are important today, equally important is the ability to access the accumulated value if the need arises. You can access 4 your money in two ways:
- Partial withdrawals are available after the first year. During years 2-10, you can withdraw up to 20% of the cash surrender value and 100% thereafter. Partial withdrawals are non-taxable up to the amount of premiums paid into the policy and no surrender charges are applied.
- Borrow up to 90% of the cash value, less any outstanding loans and unpaid interest, paying 4% annual loan interest in policy years 1-10 and 3% thereafter. Because the company credits 3% interest on the amount loaned, the net cost of the loan is 1% in policy years 1-10 and zero thereafter.
For more information, contact an insurance professional, or learn about the riders and benefits for Futurity Survivorship II by clicking "Next" below.
 
1 Changes in death benefit options and specified face amount are subject to certain limitations. Face amount decreases may result
in a surrender charge. Increases are subject to evidence of insurability.
2 The tax consequences of extending the maturity date are uncertain and should be discussed with your tax advisor.
3 One transfer from the Fixed Account is permitted each policy year up to the greater of 25%of the Fixed Account value or $5,000.
See the prospectus for additional information on transfer privileges.
4 Depending upon the performance of the underlying investment options the cash value available for loans and surrenders may be
worth more or less than the original amount invested in the contract. VUL products are long-term investment products subject to
investment risk. Loans and partial withdrawals will affect the policy proceeds and account value and may be subject to income
tax. If the policy is classified as a Modified Endowment Contract under IRS rules, distributions are generally subject to income
taxes and a federal tax penalty if made before age 59 1/2. Please consult your tax advisor for specific tax advice.
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