FSD Financial Services - Your Independent Fixed Annuities and Life Insurance IMO
FSD Financial Services - Your Independent Fixed Annuities and Life Insurance IMO
Single Premium Whole Life (SPWL)
MINIMUM AMOUNT ISSUED
Non-Qualified Only
No Tobacco / Tobacco: $25,000
Preferred: $100,000
ISSUE AGES
• 0 – 85 for Standard underwriting classes
• 18 – 80 for Preferred underwriting classes
RATE CLASSES
• Super Preferred No Tobacco
• Preferred No Tobacco • Preferred Tobacco
• Standard No Tobacco • Standard Tobacco
Only a Standard class if age 0 –17.
POLICY MATURITY: Age 121
Whole Life Insurance
MINIMUM AMOUNT ISSUED
Qualified and Non-Qualified No Tobacco/Tobacco: $25,000
Preferred: $100,000
ISSUE AGES
• 0–85 for Standard underwriting classes*
• 18–80 for Preferred underwriting classes * Qualified: age is 18+.
RATE CLASSES
• Super Preferred No Tobacco
• Preferred No Tobacco • Preferred Tobacco
• Standard No Tobacco • Standard Tobacco
Only a Standard class if age 0–17.
POLICY MATURITY: Age 121
PREMIUMS: Payable to age 65 or 20 yrs, (longer of)
Issue Ages
• 45–80, age last birthday
Premiums
• $5,000 minimum–$200,000 maximum
• Premiums over $200,000 require Home Office approval
• Single premium only
Risk classifications
• Female/Male
• Tobacco/Non-Tobacco
• Standard – risks up to Table 4
• Substandard – risks Table 5-8
Issue ages:
55 through 80 by age at last birthday Minimum Death Benefit:
$30,000 Maximum Death Benefit:
Based on issue age, gender, tobacco class
Free-look Period:
30-day penalty-free cancellation
Loans: May not exceed cash value of the policy
Modified Endowment Contract (MEC): is issued as a MEC. Surrender of the policy or policy loans may be taxable — consult a tax advisor
FSD Financial & Insurance Services
CaliforniA Insurance License #0B67385 -
NON RESIDENT LICENSED IN AL, AZ, CO, CT, FL, HI, GA, ID, IL, IA, KS, LA, MD, MI, MO, NV, NJ, OH, OK, OR, PA, TN, TX, VA, WA, WI
Copyright © 2022 FSD Financial Services - All Rights Reserved.
Information enclosed is subject to change anytime - Withdrawals prior to age 59 1/2 may be subject to a 10% penalty tax. Disclaimers
Website by Jeff Affronti
FOR AGENT USE ONLY - CA Insurance License #0B67385
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