Death benefit: Get a payment of 101% of the Policy Account if the Person Covered is 70 years old or younger at the time of death OR a payment of 100% of the Policy Account if the Person Covered is 71 years old or older at the time of death.
Cash surrender benefit: Option to surrender the plan in part or in full. The surrender amount is calculated by applying the surrender charge (and market value reduction, if applicable) to the policy account.
Policy loan benefit: Option to apply for a loan from us, up to 75% of the cash surrender value of the plan, using only the plan as security.