Products

Products

Winning Solutions

The mindset of Benefit Bank Distributors revolves around the importance of relationships, partnerships, and quality. Our alliance will add value and personality to the product instead of following widespread trends. We design, develop, and distribute retirement products through select financial institutions with our progressive mindset. Benefit Bank Distributors will continue to be first in many categories, and together, we will set trends, not follow them.

LIFE INSURANCE

Protection for a Lifetime with Benefits to Fit Your Lifestyle

NWL Lifetime Returns Select® (LTRS) is an Indexed Universal Life (IUL) insurance policy with living benefits. With LTRS, you don’t have to choose between paying for life insurance and setting money aside for future unexpected needs. It offers both permanent protection as well as the potential for cash accumulation while giving you continued access to your funds.

Like traditional fixed life insurance, LTRS offers all the advantages of a death benefit, plus the option to earn interest linked in part to the S&P 500® Index (excluding dividends). This approach offers you the opportunity to benefit from stock market gains without fully risking your money during market declines. LTRS also offers benefits that can be used to cover major costs in the future, such as home expenses or terminal or chronic illness. In addition, LTRS goes the extra mile and provides peace of mind by providing a full return of premium (ROP), guaranteed. 1

You’ve worked hard to build your assets; now it’s time to enjoy life by implementing a financial strategy that gives you confidence. Expect more. Protect your future with NWL Lifetime Returns Select®. 1Return of Premium (ROP) rider available only on a single premium payment option and is subject to adjustments for disbursements. See policy for details.

Preparing for the Future Shouldn’t be a Challenge

As the cost of living continues to steadily rise across the U.S., many Americans often overlook the importance of planning for a stable financial future. According to research published by the U.S. Department of Health and Human Services, nearly 70% of Americans aged 65 or older will need some form of long-term care services during their lives.

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Combining Life and Annuities

Realizing the importance of planning

As more people realize the importance of prioritizing a healthy financial future, we know individuals will continue to seek peace of mind through financial products. In the years to come, we understand life and annuity products will be what offers that peace of mind.

Leveraging the art of combining Life and Annuities

NWL Lifetime Returns Solutions is a flexible premium Universal Life Policy that combines the features of traditional fixed interest universal life insurance with the potential to have credited interest linked in part to the Standard and Poor’s (S&P) 500 Composite Stock Index. This product allows you to have the opportunity to accumulate an Account Balance and provides the possibility of benefiting from some market increases without being entirely subjected to the risks of market decreases. This product is issued for ages 45-85 and allows two premium payment options sufficient to pay for the Amount of Coverage (Face Amount) selected by you, with the minimum amount being $25,000. The policy also provides a Death Benefit equal to the greater of the Face Amount, or the Account Balance with a percentage adjustment based on your age as of the last Policy Anniversary. Lifetime Returns Solutions has 5-pay premium payment periods for ages 45 to 85 and 10-pay premium payment periods for ages 45 to 80.

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Annuities

Benefits of Annuities:

Planning for the future doesn’t have to be a daunting task. By simply asking your client what they want their life to look like and what is important to them, you already have filled in some of the puzzle pieces. Following the big question, you then take stock of what they have in place and where they may need to fill a gap. An annuity can add to other sources of retirement income and protect assets from inflation and market volatility.

Annuity Highlights:

  • Receive predictable income for life
  • Protect against a market downturn
  • Potentially grow a nest egg
  • Increase buying power during retirement
  • Pay for unexpected health care costs
  • Protect against inflation
  • Leave a legacy for loved ones
  • Grows cash value tax-free until withdrawal
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Terms to Know

Account Balance – Equal of the sum of premiums paid, minus the Monthly Deduction (described below), Partial Surrenders, and Applicable Surrender Charges that are accumulated with fixed and indexed credited interest, if any.

  • Net Premiums Paid
  • Monthly Deductions
  • Partial Surrenders
  • Accumulated Interest

Allocation Percentage – The percentage selected on the application supplement for each index interest credit option and the fixed interest amount.

Cap Rate – The cap rate is stated as a percentage. The maximum positive change in the S&P 500® Index will be used in the Monthly and Annual Point to Point formulas that calculate the interest rate used at the end of the one-year indexing period.

Cash Value – Equal to the greater of the Account Balance or the Minimum Guaranteed Account Balance on the date of surrender, minus any Loans and Loan interest, minus the surrender charge, if any.

Death Benefit– Equal to the greater of the Face Amount, or the Account Balance, that’s adjusted based on the age on your last Policy Anniversary.

Face Amount – The initial Death Benefit on the issue date of your policy.

Fixed Interest Rate – The fixed interest rate is a declared rate set by the company. It is guaranteed never to be less than the guaranteed annual interest rate of 1.0% compounded annually.

Index Cap Rate – The maximum rate (upper limit) used to calculate the indexed interest during each period specified by the option.

Index Interest Earnings – The earnings credited based on increases or decreases in a specific index value.

Net Premium – The premium paid less than the percentage of premium charge.

Participation Rate – The rate used to determine how much of the index gain, if any, is included in the calculation of the indexed interest during each option term.

Percent of Premium Charge – The percentage charge on all premium paid.