The Standard Life Single Premium Whole Life product has the desirable features of whole life insurance such as guaranteed cash values, guaranteed face amount and a tax-favored death benefit; plus living benefits for the insured.
 

For a minimum single premium payment of $5,000, your beneficiaries can receive a legacy free from ordinary income tax and avoid the inconvenience of probate. Policy loans are available to cover unexpected needs and the policy matures at the insured's age 121^*, eliminating any worry about outliving your insurance. In the event of confinement to an eligible extended care facility, your policy can provide you with a portion of the contract's death benefit as a living benefit. Our Single Premium Whole Life product also guarantees cash values throughout the life of the policy.  In a life of uncertainties, it's nice to know that some things come with guarantees. Trust your legacy to the Classic Elite Single Premium Whole Life product from Standard Life.

 

Features and Benefits:

• Issue Age:  50-80 ( Age last birthday)

• Premium:  $5,000 to $1,000,000

• Acceleration of Death Benefits

  • Should you become terminally ill or permanently confined to an eligible facility, your Classic Elite policy may provide you with a portion of the contract's death benefit as a living benefit. The initial benefit under this rider will equal 75% of the death benefit paid in a lump sum or in four semi-annual payments

• Tax-Free Death Benefit

• Guaranteed Death Benefit

• Guaranteed Cash Values

• Time, Money, You - Client Brochure

• Wealth Transfer - Client Brochure

• Product Quick Reference Flyer

• Rates and Underwriting Guide Book (We can provide you with illustrations at anytime)

• POS Telephone Interview Flyer

• Draft Information

• Buyers Guide

• State Approval List

• Sample of Life Application  - Florida