Premier Universal Life 4
Premier Universal Life 4 is the fast machine – the no-load leader of higher income markets and early cash values. It’s a great product for lump-sum business.
Strong Early Cash Values
- Additional .25% interest rate credited beginning immediately
- No Load or per $1,000 charge
Competitive Long-term Cash Values
- Automatic Interest Bonus1
- 1% interest bonus added to current interest rate in years 11+
- Guaranteed Premium Bonus
- A bonus equal to 20% of either of the following, whichever is less: 1) the average of net premiums in years 1-10; or 2) 120% of target premium.
- Paid in years 11-15
In addition, your clients have the ability to advance up to 24% of their death benefit per year through our no-cost ABR-C rider should they need help paying for expenses surrounding a chronic illness.
1Not available in Oregon or Texas.
Cash-Value Accumulation
| Male, Best Class, Age 40, $1,000,000, $7,500 Premium (7/1/03) | Policy Name | Level Death Benefit Current Net Cash Value in Year 5 |
|---|---|---|
| Midland National | Premier Universal Life 4 | $24,226 |
| Sun Life | Sun Universal Protector Plus | $21,551 |
| ReliaStar | Life Premier Design | $20,671 |
| Security Life of Denver | ING Asset Leverage | $18,380 |
| Manufacturers Life (U.S.A.) | Manulife UL-G | $16,161 |
| Massachusetts Mutual Life (CM Life) | Universal Life 2 | $15,401 |
| Transamerica Occidental Life | TransUltra EX | $11,581 |
| Manufacturers Life (U.S.A.) | Manulife UL-LC | $11,554 |
| Ohio National Life | Virtus Value | $11,118 |
| Ohio National Life | Virtus 100 | $10,415 |
| Massachusetts Mutual Life in NY (All other states CM Life) | Universal Life 2 Guaranteed (UL2G) | $9,345 |
| Nationwide | Provident UL 100 | $9,246 |
| Protective Life | Protective Classic UL | $8,992 |
| Lincoln National Life | UL-DB | $8,769 |
| Jefferson Pilot | Life Legend 300 Plus | $8,470 |
| Transamerica | Occidental Life TransAce EX | $8,188 |
| Transamerica | Occidental Life TransAce XL | $7,812 |
Competitor information was compiled by Midland National and obtained from sources believed to be reliable, but its accuracy or completeness is not guaranteed. Data is for informational purposes only and is not intended as a solicitation or a recommendation of any insurance product.
Where do you use it?
Premier Universal Life 4 is a great product for lump-sum business and competitive situations.
- Early Cash-Value Accumulation Markets:
- PUL 4 is typically our best performing product for 20 years or less, making it ideal for business markets or client with early liquidity needs.
- Cost-sensitive clients
- The PUL 4 has no sales load. No load is often important feature for fee-based planners or clients looking for a low-load product.