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Product Type: Individual Fixed Interest Universal
Life Insurance (CUL-99) 
Minimum Specified
Amount: $100,000
Issue Ages: 0-85
Rate Classes
Available: Preferred to
age 75, Nonsmoker and Smoker rates for Male, Female and Unisex classes.
Also substandard.
Death Benefit: Level or increasing death benefit.
Flexible Premiums: Within certain limits and subject to
the base period premium requirement, you may increase, decrease, stop,
restart or continue premium payments.
Optional Riders
Available:*
Waiver of Monthly Deduction
Spouse Insurance
Term Insurance Rider
Children’s Insurance Rider
Accidental Death Benefit
Guaranteed Increase Option
Cost of Living Adjustment
Survivor Purchase Option
Accelerated Benefit Rider
*
Riders and supplemental benefits may be subject to underwriting
availability and additional costs. Not all riders and supplemental
benefits are available for each product underwritten by The
Lafayette Life. For more information contact your agent.
Current Interest
Credited Rates: Set by
the company on the entire policy value. The current interest rates are
not guaranteed by the company and are subject to change.
Policy values below $25,000 6.00%
Policy values between $25,000 and $50,000 6.25%
Policy values between $50,000 and $100,000 6.50%
Policy values above $100,000 6.75%
Guaranteed Minimum
4.0% for the first 10
policy years 3.0% thereafter.
Expense Charges: Guaranteed not to exceed 5% on all
premiums. Currently, the charge is 5% up to Target in a policy year plus
2% on the excess over Target. This practice is not guaranteed and
subject to change.
Guaranteed Maximum
1980 CSO
Smoker/Nonsmoker Age Last Birthday Mortality Tables.
Administrative
Fees: Guaranteed not to
exceed $10.00 per month. Currently, the fee is $5.00 per month for
specified amounts below $250,000 and zero for specified amounts of
$250,000 and above, but these are subject to change at any time for any
reason.
Surrender Charges: Applicable over 12 policy years.
Policy Loans and
Surrenders: Available
upon request.
Loan Interest
Rates: 1.5% Net Loan
Interest Rate for the first 10 policy years, 0% thereafter. Loan
interest rates are not guaranteed and may be changed at any time, for
any reason, but not to exceed an effective annual rate of 8%.
Partial Surrender Fee: $15
Form
#1874 |