Current Assumption Universal Life (UAUL)
POLICY CHANGE TYPE |
EFFECTIVE DATE | Other Change Criteria |
|---|---|---|
| Risk Classification Improvement | Monthaversary | |
| Face Amount Changes: | ||
| Face Increase | Monthaversary | |
| Face Decrease* | Monthaversary | |
| Rider/Benefit Additions: | ||
| Waiver of Specified Premium | Monthaversary | Available for insured ages 0-60 |
| Rider/Benefit Cancellations: | ||
| Waiver of Specified Premium | Monthaversary | |
| Guaranteed Survivor Plus Purchase Option | Monthaversary | |
| Death Benefit Option Change | Monthaversary | |
| *Face decrease cannot exceed a minimum face amount of $50,000. | ||