Death Benefit Option

The initial death benefit option can be either A (Level) or B (Increasing). Select the desired Death Benefit Option here and to illustrate a death benefit option switch enter a Change Year.

• A (Level) – The death benefit is equal to the face amount. The death benefit may increase to meet the IRS Definition of Life Insurance, and it will decreased if loans or withdrawals are taken.
• B (Increasing)– The death benefit in any given year will equal the face amount plus the accumulated value. The death benefit will vary based on the growth or decline of the accumulated value and will decreased if loans or withdrawals are taken.