Posted by (American Life InsuranceGuide News) At the beginning of 2019, the U.S. individual and family life insurance market ushered in two heavyweightsIndex insuranceIUL products are produced by industry giantsPrudential(Prudential/Prudential) and the spin-off from MetLifeBrighthouse(Mingwu Life Insurance) issued.The following isAmerican Life InsuranceA product report brought by a reporter from Guide.com.
PruLife® Survivorship Index UL: Focus on the wealth inheritance market
Prudential(Prudential/Prudential) launched the 2019 version of the newIndex insuranceproduct: PruLife® Survivorship Index UL (2019).This product uses a linked index method to accumulate cash value and provides death compensation.
PruLife® Survivorship Index UL This product can provide protection for two people in one insurance policy at the same time, and is usually used in families.The goal of this product structure is to complete a suitable property transfer at a relatively low cost.
ThisIndex insuranceThe product provides 3 different exponential growth strategies:
- 1 year point-to-point S&P 500 exponential growth strategy
- 1 year point-to-point 115% multiplier strategy
- 1 year point-to-point non-cap strategy
Click to understand the important role of exponential growth strategy in IUL product purchase
PruLife® Survivorship Index UL Provided in this IUL index productRider(Additional clauses) are also richer, such as SBAR Rider for survivors of chronic diseases or terminal illnesses, and Return of Premium, which refunds premiums before the age of 75 Rider.
PruLife® Survivorship Index UL 3 This product is issued by Pruco Life Insurance Company and is issued in New York State under the name "Pruco Life Insurance Company of New Jersey".
Brighthouse SmartCare SM: Long-term care (LTC) exponential insurance
On February 2019, 2, Brighthouse released Brighthouse SmartCare SM.
Brighthouse SmartCare SM Is an integratedLong-term careAdditional terms (LTC Rider)Index insurance(IUL).
This product avoids the routineLong-term care insurance(LTC, Long Term Care Insurance) Defect-if the insured is healthy, he cannot use it during the insurance periodLong-term care, Then the premium has also been dampened.Brighthouse SmartCare SM If the insured cannot useLong-term care(LTC), you can get the corresponding value return from the guaranteed death compensation.
Brighthouse SmartCare SM This product provides policyholders with cash value growth strategies, death compensation, and death compensation by linking to major market indexes.Long-term careGuarantee.
Brighthouse SmartCare SM This product is aimed at the growingLong-term care costsAnd the extension of the average life expectancy of the Americans. Brighthouse (Minghouse Finance) predicts that 65% of Americans approaching 50 need some form of long-term care.Long-term care costs, The average is $266,000.
Brighthouse(Mingwu Finance) This long-term care IUL product has been approved for sale in 46 states and the District of Columbia and will be provided through designated distribution partners.
For the above products, you can contactAmerican Life InsurancePractice brokers and financial consultants in the guide community to understand.
Click to understand:What is Rider (additional terms)?What is the use?
Click to understand:The cost topic of long-term care (LTC) in the United States
Disclaimer: For the product rules and Rider function rules of the above products, please refer to the English product manuals published by Prudential and Brighthouse. This article is a simplified Chinese product introduction. The official product description and additional terms are subject to the English contract issued by the insurance company.
(American Life Insurance Guide Edit report)
