SVL Product Design Objectives

New York Life Survivorship VUL

Low endowment premium; high cash value; broad favorable underwriting; riders.

New England Financial Zenith Survivorship Life 2002

Low endowment premium; maximum death benefit; older ages.

Northwestern Mutual Variable Joint Life

Extended maturity; broad preferred class.

Ohio National Life Vari-Vest Survivor

Low endowment premium; high long term values; full death benefit guarantee.

Pacific Life Select Estate Preserver V

Maximum death benefits; maximum retirement income; business applications; death benefit/premium guarantees; maturity extension; policy loans.

Penn Mutual Life Variable Estate Max III

Low endowment premium; low premium to carry; long term values; full death benefit guarantee; riders.

Phoenix Life SVUL

Flexibility; riders; death benefit/premium guarantees; term blending.

Principal Life Survivorship VUL

Full death benefit guarantees; low endowment premium; low premium to carry; broad underwriting.

Protective Life Premiere Survivor VUL

Low premium to endow; long term values; maximum retirement income; trail compensation; terminal illness accelerated death benefits.

Prudential Financial Life Survivorship VUL Underwriting; maturity extension.

ReliaStar Life Variable Accumulation Design Maximum income; high targets; death benefit/premium guarantees; term blending.

ReliaStar Life Variable Estate Design

Maturity extension; maximum income distribution; full death benefit; term blending.

Security Life of Denver Variable SUL

Full death benefit extension; high cash values; income distribution; death benefit/premium guarantees.

Southland Life Survivor Dimensions

Secondary guarantee; maturity extension; persistency refund; term blending.

Sun Life of Canada (US) Futurity Survivorship II VUL

Death benefit/premium guarantees; supplemental insurance; rolling targets; term blending.

Western Reserve Life Freedom Wealth Protector

Full death benefit guarantee; maximum retirement income; low premium to carry; high cash value; broad/favorable underwriting; long term values.

Reproduced from National Underwriter Life & Health/Financial Services Edition, January 27, 2003. Copyright 2003 by The National Underwriter Company in the serial publication. All rights reserved.Copyright in this article as an independent work may be held by the author.