Provides lifetime protection and the initial interest rate is guaranteed for 12 months from the date the premium is received. In addition, this rate is guaranteed to be no less than 3%.7
Safety Benefit, Transportation Benefit and No Lapse Guarantee are
automatically included in your policy. The Charitable Giving Benefit can be included when selected at issue.
Lapse Protection Benefit, Additional Term Rider, Insured Children's Benefit, Accidental Death Benefit and Guaranteed Insurability Option are available at an additional cost.8
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Symetra Classic Universal Life Insurance is a flexible premium universal life insurance policy issued by Symetra Life Insurance Company, 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004. Policy form number is ICC11_LC5 in most states. Product is not available in all U.S. states or any U.S. territory.
Guarantees and benefits are subject to the claims-paying ability of Symetra Life Insurance Company.
Interest rates are subject to change without notice.
Products and services vary by distributor.
Life insurance policies contain exclusions, limitations, reductions of benefits and terms for keeping them in force. Please contact your insurance professional for complete details.
1 May not be available in all states and terms and conditions may vary by states in which they are available.
2 Only available for issue ages 20-85, and not available on rated policies.
3 Generally speaking, a severe cognitive impairment is a deterioration or loss in intellectual capacity in which the person requires substantial supervision by another person, and is measured by clinical evidence and standardized tests that reliably measure impairment in short- or long-term memory, orientation to people, places or time, and deductive or abstract reasoning.
4 Basic activities of daily living consist of self-care tasks, including, but not limited to: personal hygiene and grooming, dressing and undressing, self feeding, functional transfers (getting from bed to wheelchair, getting onto or off of toilet, etc.), bowel and bladder management and ambulation.
5 Withdrawals or loans on modified endowment contracts (MECs) may be subject to federal income tax and a 10% IRS penalty on amounts taken prior to age 59½. A loan may have a permanent effect on the policy, even if repaid. Failure to repay a policy loan or to pay loan interest may terminate the policy if the net cash surrender value is less than the monthly deductions, due on the policy anniversary.
6 Changes in premium payments and payment schedule will affect the death benefit amount and duration as well as the accumulation value potential of the policy.
7 Policy owners should anticipate renewal interest rates at the Guaranteed Minimum Interest Rate regardless of future economic conditions.
8 Guaranteed Insurability Option is not available on policies with the Lapse Protection Benefit, an additional term rider or an extra premium rating.