Posted by (American Life Insurance Guide 04/08/2019/San Francisco News)Pacific Life(Pacific Life) launched two newIUL -Index insuranceproduct.The two new policy products are:
- Pacific Discovery Xelerator IUL 2 / Pacific Discovery Xelerator IUL 2 Warranty
- Pacific Indexed Accumulator 6 / Pacific Indexed Accumulator 6 Policy
Pacific Life(Pacific Life)Xelerator’s new product is positioned as a high-income user group to help them use insurance policies to generate supplementsRetirement income plan, And also provide death compensation.
Pacific Life(Pacific Life)The Accumulator (accumulator) product is aimed at customers who wish to withdraw more surrender amounts early in the policy.Pacific Life Said that this product mainly attracts user groups who use insurance policies for premium financing or group holdings.
newIUL The policy product provides policyholders with additional terms of enhanced performance factor (EPF) (Rider).The return on the actual index investment of the policy holder is linked to the Enhanced Performance Factor (EPF).The actual index return given to policyholders each year is determined by the Enhanced Performance Factor (EPF).
Bought thisadditional termsIf the policyholders deposit additional premiums in excess of the basic cost in the policy, they will also get more index gains.
Pacific Life Indicates that the policyholder can use thisadditional termsTo switch between three different performance factor levels.The product also comes with 15 additional clauses to choose from, and the policy's charging policy and the policy's interest calculation method have also been upgraded.
Appendix to the official product manual:
01. Pacific Life's Pacific Indexed Accumulator 6 Index Insurance Product Manual
02.Pacific Life's Discovery Xelerator IUL 2 Index Insurance Product Manual
