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Life Insurance Protection that Provides
Security for today. Flexibility for tomorrow.
Protecting and preserving a customer’s financial legacy takes careful planning and preparation. Life insurance
can be a solid foundation for most financial plans. Legacy Secure UL takes life insurance to the next level
— a universal life product designed with security and
flexibility in mind, providing guaranteed protection1
customers may need and the options they may want.
Legacy Secure UL has the competitive options and features to help you secure your sale:
• Long-Term Guarantees– Offer peace of mind through affordable, guaranteed protection for periods up to and including their lifetime.1
• Flexibility – Designed to provide the opportunity to choose – and change – the guarantee period and payment pattern that best suits customer’s needs.1
• Unlimited catch-up provision – Even if customers don’t start at the lifetime guarantee level, they can increase their premium at any time to achieve that 1,2
• Solid cash value accumulation – Offers even more options and flexibility with cash value potential.3
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• Liquidity Guarantee Rider — Provides a guarantee that customers can receive a significant percentage of their premium dollars back (up to 100%) if they choose to surrender their policy anytime after the surrender charge period.1,4
• Age Last Birthday – Premiums are based on the insured’s actual age. Many companies use age nearest birthday, which can result in higher premiums.
Learn more about Legacy Secure UL in the producer guide, LBL6649, and use the customer brochure, LBL7241, to promote this valuable product to your customers. Materials can be ordered on through your normal supply channels.
Take advantage of Legacy Secure UL to show customers how they may receive security for today and flexibility for tomorrow!
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1All guarantees are based on the claims-paying ability of Lincoln Benefit Life.
2Federal tax law limits the amount of premium that a policy owner can pay into a life insurance contract relative to the benefits provided. Consequently, the policy sets maximum premium limitations which could hamper the ability to catch-up.
3Loans will reduce cash value and death benefit of the policy. Loans are generally not taxable if taken from a universal life policy that is not a modified endowment contract. However, when cash values are used to repay a loan, the transaction is treated like a withdrawal and taxed accordingly. If a policy is a modified endowment contract, loans are treated as a taxable distribution to the extent of the policy gain. Loans, withdrawals and surrenders are treated first as distributions of the policy gain subject to ordinary income taxation, and may be subject to an additional 10% federal tax penalty if made prior to age 591/2. Loans, if not repaid, and withdrawals reduce the contract’s death benefit and cash value.
4Subject to state availability. Terms and limitations may apply. Percentage of premium available varies by issue age, class and face amount.
Legacy Secure UL is a universal life insurance policy issued by Lincoln Benefit Life Company, Home Office, Lincoln, NE, a wholly owned subsidiary of All state Life Insurance Company, Northbrook, IL. Legacy Secure UL is available in most states with contract series UL 0610. Riders and waivers may not be available in all states.
Not FDIC, NCUA/ NCUSIF insured. No bank or credit union guarantee. Not insured by any federal government agency. Not a deposit. May go down in value.
FOR BROKER-DEALER OR AGENT USE ONLY. - this material may not be quoted, reproduced or shown to members of the public, nor used in electronic or written form as sales literature for public use.
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