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1PR-1226 11/08
FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.
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Custom TermGULsm
Your first choice in low-cost permanent protection
2FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.
PR-1226 11/08
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Focus
Low-cost permanent coverage
3FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.
PR-1226 11/08
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Basics• Minimum Face = $25,000 (including top class)
• Issue Age = 15 days to 85 years• No charges or premium payments after age
100*
• Banded– $25,000 to $99,999– $100,000 to $999,999– $1,000,000+
* Except for riders.
4FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.
PR-1226 11/08
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Riders, Options & Endorsements
• Accelerated Benefit Endorsement• Accidental Death Benefit Rider• Automatic Distribution Option• Children’s Term Rider• Chronic Illness Accelerated Benefit Rider1
• Guaranteed Insurability Rider• Waiver of Monthly Deductions Rider• Premium Guarantee Rider
5FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.
PR-1226 11/08
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Marketable Features• Conditionally Guaranteed Interest Bonus
– 1% in years 11+2
• Net zero cost loan on full loan value (yrs 11+)3
• Chronic Illness Accelerated Benefit Rider
• Competitive pricing for non-guaranteed coverage
• Optional Premium Guarantee Rider
6FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.
PR-1226 11/08
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Premium Guarantee Rider
• Available at issue
• Available for conversions
7FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.
PR-1226 11/08
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Premium Guarantee Rider
Guaranteed DB* and Cash value for:
• Future flexibility and control via cash value– 1035 Exchange
– Surrender value if the product is no longer needed
• Emergency fund
• Cash value potential without an indexed UL chassis
* Subject to premium paying requirements.
8FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.
PR-1226 11/08
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Custom TermGUL Markets• Income Replacement• Business
– Buy-Sell– Key Person
• Estate Planning• 1035 Exchanges• Policy Review• Juveniles• Tobacco Users
•Low Cost Coverage
9FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.
PR-1226 11/08
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Sales Support
800-800-3656, ext. 10411
10FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.
PR-1226 11/08
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DisclosuresThese disclosures apply to this presentation in its entirety
1. Chronically ill is defined as permanently unable to perform at least two of the six Activities of Daily Living (bathing, continence, dressing, eating, toileting and transferring) without substantial assistance from another person. Severe cognitive impairment means the insured requires substantial supervision by another person to protect him or herself from threats to health and safety due to a severe cognitive impairment. (In MN, Continuous Confinement in an Eligible Institution and expected to remain there for the rest of his or her life). 2. A conditionally guaranteed interest bonus may be earned when the current interest rate exceeds the guaranteed interest rate of 2.5%. The current bonus rate is 1% interest applied in years 11 and thereafter. The Interest Bonus percentage is subject to change; however once a policy is issued, the percentage will not change. Interest bonus is not applied to loaned funds. Not available in Texas. North American’s illustration software allows you to illustrate a case with or without bonus interest. 3. Zero cost loans are loans charged and credited at the same percentage for a net zero cost. Index Universal Life products are not an investment in the “market” or in the applicable index and are subject to all policy fees and charges normally associated with most universal life insurance.Custom TermGUL is issued on policy form series LS167, Custom Guarantee is issued on policy form series LS163A, Guarantee Builder IUL is issued on policy form series LS164A, Custom TermUL is issued on policy form series LS142A, Premium Guarantee Rider is issued on form series LR452, Accelerated Benefit Endorsement is issued on form series LR352A, Accidental Death Benefit Rider is issued on form series LR370A, Children’s Term Rider isissued on form series LR372A, Chronic Illness Accelerated Benefit Rider (In Minnesota, Accelerated Benefit Rider for Continuous Confinement) is issued on form series LR450A, Guaranteed Insurability Rider is issued on form series LR373A, Waiver of Monthly Deductions Rider is issued on form series LR416A; or state variation by North American Company for Life and Health Insurance, Executive Office, Chicago, IL 60607. Products, features, riders, endorsements or issues ages may not be available in all jurisdictions. Limitations or restrictions may apply.
