Whole Life 

Permaterm A

Original line of business: Financial Life

Updated on: Dec 14, 2018

Product snapshot

Non-participating level coverage with guaranteed premiums payable to age 100, after which the plan is fully Paid-Up. The face amount and premiums may be reduced by one-half at the later of age 65 and 20 years. There are no cash or reduced paid up values.

Basic product information

Product administration guide: N/A

Sample contract: N/A

Dividend options: N/A

Bonus: N/A

Dividend options




Premium paying period

Level premiums are guaranteed payable to age 95-anniversary following age 95 (originally payable to age 100 but has since changed to age 95 due to an enhancement of the product)

Policy fees

  • $125 payable annually

Deposit load


Values, loans & withdrawals

Non forfeiture option: Yes

Loans: Yes

Withdrawals: N/A

Non-forfeiture option

Dependent on version, some Permaterm A policies have no non-forfeiture option and some have a non-forfeiture option of reduced-paid up. Please refer to the contract for details


Policy loans are not available on this product



Cash value

No cash values

Reduced paid up

No reduced paid up values for any versions earlier than series 9. Beginning with series 92 and on, reduced paid up values are available (check contract for guaranteed RPU values)

Riders & benefits

Premium offset/holiday: N/A

Premium offset/holiday


Death benefit

Basic coverage only

Reinstatement period

You may apply to reinstate your policy at any time within two years after the start of the grace period