Data based on male age 45, best non-smoking underwriting class,. $500,000 face amount and $8,500 annual premium until ag
Indexed Universal Life Competitive Positioning Long-term Accumulation Focus
Excel Plus Index UL: Compare This Full-Featured Product Growth of the indexed universal life market has led to product specialization. Products specialize on any number of different benefits including high current cap rates, no lapse guarantees, accumulation potential, multiple loan options and countless other features. At Ameritas, we have decided to up our game by improving the long-term performance of Excel Plus Index universal life insurance while maintaining its variety of product features.
Use the accompanying table to get a sense for how we stack up against the most popular index universal life offerings in today’s market. You’ll see the features your clients are looking for are now available on Excel Plus Index UL—including the new Ameritas Care4Life Acceleration rider. Excel Plus Index UL may be a great option for clients looking to provide death benefit protection and to accumulate wealth with a horizon of 20 years or more. Surrender Charge 12 yrs or less
No Cost Chronic. Critical, Terminal Illness Rider
Account Value Bonus
•
0.60% years 10+
Cash Value Age 85*
Cap Rate
U.S. & International Indices
Fixed and Variable Loans
Accordia Lifetime Builder
$994,114
12.00%
•
•
Allianz Life Pro+
$919,736
12.00%
•
• indexed loan
•
•
Ameritas Excel Plus Index UL
$965,441
12.00%
•
•
•
•
AXA BrightLife Grow 155
$1,002,883
10.00%
•
Lincoln National LifeReserve IUL Accumulator
$716,610
12.00%
Midland National XL-CV4
$940,345
14.50%
•
•
Minnesota Life Eclipse Indexed Life
$995,528
13.00%
•
•
•
Pacific Life Pacific Indexed Accumulator 4
$775,243
11.00%
•
• indexed loan
•
•
Pacific Life Pacific Indexed Performer LT
$924,197
11.00%
•
• indexed loan
•
•
.079% years 11-20
Penn Mutual Accumulation Builder Advantage IUL
$939,414
12.00%
•
•
•
•
0.75% years 11+
Transamerica TransNavigator IUL
$889,838
12.00%
•
0.25% years 6-10 0.75% years 11-15 1.10% years 16+ • indexed loan
• •
*6.50% illustrated rate used for all products except Pacific Life policies, which have a maximum illustrate rate of 6.45%. Data based on male age 45, best non-smoking underwriting class, $500,000 face amount and $8,500 annual premium until age 65. Illustrations valid as of September 2015. All indexed strategies are S&P 500 Annual Point-to-Point.Excel Plus Index UL values assume 100% allocation to the capped S&P 500 index account, which has a 0% floor. See actual illustrations for account values based on a 0% illustrated rate of return in the index accounts. Products selected were the top products in industry sales in fourth quarter 2014 according to Wink, Inc.
LI 1550 9-15
0.40% years 11+
For producer use only. Not for use with clients.
0.75% years 11+ 1% in years 11+ on index credits received in prior 10 years
3% average of premiums received years 11+
Strong Distributions to Provide Supplemental Income Stream Excel Plus Index UL has some of the best accumulation potential in the market and accessing those funds is even easier with the addition of variable loans. Notice how Excel Plus Index UL performs when taking distributions to generate supplemental income for this same client. Distributions assume withdrawal to basis and then loans. Maximum Distributions Years 21-40 Cash Value Year 20
Fixed Loan
Variable Loan*
Accordia Lifetime Builder
$261,973
$20,058
$24,788
Allianz Life Pro+
$245,903
$19,939
$24,793
Ameritas Excel Plus IUL
$264,798
$21,525
$27,718
AXA BrightLife Grow 155
$275,086
N/A
$22,323
Lincoln National LifeReserve IUL Accumulator
$217,212
$16,516
$19,460
Midland National XL-CV4
$261,993
$21,328
$25,006
Minnesota Life Eclipse Indexed Life
$273,360
$22,338
$26,921
Pacific Life Pacific Indexed Accumulator 4
$242,333
$18,045
$20,798
Pacific Life Pacific Indexed Performer LT
$269,953
$21,458
$24,795
Penn Mutual Accumulation Builder Advantage IUL
$271,144
$19,615
$21,130
Transamerica TransNavigator IUL
$259,935
$20,381
N/A
*Loan is illustrated with a maximum difference of 2% between the product’s illustrated rate and the variable loan rate. 6.50% illustrated rate used for all products except Pacific Life policies, which have a maximum illustrate rate of 6.45%. Data based on male age 45, best non-smoking underwriting class, $500,000 face amount and $8,500 annual premium until age 65. Products selected were the top 10 products in industry sales in fourth quarter 2014 according to Wink, Inc. Illustrations valid as of September 2015. All companies use S&P 500 annual point-to-point indexing strategy. Excel Plus Index UL values assume 100% allocation to the capped S&P 500® Index account, which has a 0% floor. See actual illustrations for account values based on a 0% illustrated rate of return in the index accounts.
For assistance with your next case, call your Ameritas Sales Development Team at 800-319-6903.
Source: Competitor illustrations (including illustrated rates) obtained by Ameritas and believed to be accurate effective September 2015. This comparison is for producer use only and may not be used with a prospective or current client. This is a summary only and is not a contract of coverage from any insurance company. Refer to the actual policies for full descriptions of the benefits. Certain provisions may vary by state. The Excel Plus Index UL maximum illustrated rate is based on a look-back of actual index performance with current participation and cap rates. The illustrated rate, currently 6.86% for the capped S&P 500® Index account, is based on a look-back at the annual percentage increases (or decreases) in the S&P 500® index from one month-end to the month-end 12 months later, for each of the last 300 months (25 years), which is consistent with the one year, point-to-point index period for Excel Plus Index UL. The current cap and guaranteed 0% floor is applied to each of those 300 percentage increases (or decreases) and the results are averaged to get the illustrated rate. Future hypothetical account values that are illustrated are not guaranteed. Actual account values are based on future index values and on cap and participation rates which are subject to change after each index period. A copy of the illustration reflecting guaranteed rates and charges is available. Withdrawals and loans will reduce available death benefit and policy value, Withdrawals beyond the investment in the contract may be taxable income. Excessive and unpaid loans will reduce death benefits and policy value and may cause the policy to lapse. If a policy lapses, unpaid loans are treated as distributions for tax purposes. In approved states, Excel Plus Index UL (form 3019) is issued by Ameritas Life Insurance Corp. Product and features may not be available in all states. Options provisions and riders may have limitations, restrictions and additional charges. This information is provided by Ameritas®, which is a marketing name for subsidiaries of Ameritas Mutual Holding Company, including, but not limited to: Ameritas Life Insurance Corp., 5900 O Street, Lincoln, Nebraska 68510; Ameritas Life Insurance Corp. of New York, (licensed in New York) 1350 Broadway, Suite 2201, New York, New York 10018; and Ameritas Investment Corp, member FINRA/SIPC. Each company is solely responsible for its own financial condition and contractual obligations. For more information about Ameritas®, visit ameritas.com. Ameritas® and the bison design are registered service marks of Ameritas Life Insurance Corp. Fulfilling life® is a registered service mark of Ameritas Holding Company. © 2015 Ameritas Mutual Holding Company
