Check out Principal’s Newest Product – UL Provider Edge II!
UL Provider Edge II offers low-cost coverage with optional guarantees to age 100!!!
- Extended No Lapse Guarantee Coverage – If elected, coverage is guaranteed to age 100. Current values can carry the product beyond 100 (current crediting rate 3.75%).
- Competitive – Product looks great across the board but here are the ultra-competitive spots-
- Guarantee to 100, $1 Cash Value at 121 – Male All Ages Preferred and Super Preferred Continuous & 10 Pay; Female All Ages All Risk Classes Continuous & 10 Pay
- Guarantee to 100- Same basic premium as UL Protector IV. Male All Risk Classes Ages 65 and 75 Continuous Pay; Females Ages 45, 55, 65 All Risk Classes Continuous Pay
- Carry to 121 (10 Year Guarantee) – Across the board!
- Great Targets! – Targets have been increased and are among the highest for guarantee products!
- Accelerated Underwriting – You can now get up to $3,000,000 of coverage through Accelerated Underwriting on this (and all) products!!! (See chart below for age/Digital Health Data(DHD) parameters). The goal of the increased amounts and DHD is to get as many people through the underwriting process without requiring new exams.
- Underwriting Programs – Our new Risk Upgrade Program can improve a table 2 to standard or waive a $2.50 FE – After Healthy Lifestyle Credits have been applied.
- Riders – This new product has key riders including Chronic Illness Death Benefit Advance (CIDBAR), Business Value Increase, and Salary Increase Rider.