Concept 100

Original line of business: Zurich

Updated on: Dec 13, 2018

Product snapshot

The Concept 100 plan is a non-participating, endowment policy with adjustable premiums payable to age 100. Premiums can be adjusted after the first 10 years and then after each subsequent 5 year period.

Basic product information

Product administration guide: N/A

Sample contract: N/A

Dividend options: N/A

Bonus: N/A

Dividend options




Premium paying period

  • Premiums are reviewed after 10 years and every 5 years thereafter depending on mortality, interest and expenses--the premium for the next 5 years can increase or decrease
  • Premiums will not exceed the maximum premium shown in the schedule of benefits and premiums on the policy face page
  • Keep in mind that this amount is only for the basic coverage it does not include policy fees, ratings or riders.  Therefore the client could at one point be paying more than that amount but that would be because of policy fees, ratings and riders.
  • POL-C on the basic coverage (01) would indicate the premium breakdown for the base coverage
  • Also keep in mind the mode of payment.  If the contract indicates the annual modal max amount but the client is on pac then the client will pay more based on the mode factor

Policy fees


Deposit load


Values, loans & withdrawals

Non forfeiture option: Yes

Loans: Yes

Withdrawals: N/A

Non-forfeiture option

Automatic premium loan (APL)


Loans are available once cash values have started



Cash value

Guaranteed cash and paid up values beginning the later of the year after the 20th Anniversary or age 65

Reduced paid up

Reduced paid up values are guaranteed and begin at the later of the year after the 20th anniversary or age 65

Riders & benefits

Premium offset/holiday: N/A

Premium offset/holiday


Death benefit


Reinstatement period