This is an income replacement policy

Venture Rate Scale 3

Original line of business: Aetna

Updated on: Dec 10, 2018

Product snapshot

For small business and franchise owners. 

The following special features apply to business owners: 

  • In business for at least 1 full year with 20% ownership 

Includes a built-in pricing discount.

Basic product information

Sample contract: N/A

Dividend options: N/A

Bonus: N/A

Dividend options

N/A

Bonus

N/A

Premium paying period

  • Clients may renew the policy after age 65 to age 75 as long as they are working on a full-time basis
  • Premiums may change on any policy anniversary
  • The maximum benefit period will be 2 years

Policy fees

None         

Deposit load

N/A

Values, loans & withdrawals

Non forfeiture option: Yes

Loans: N/A

Withdrawals: N/A

Non-forfeiture option

31 day grace period

Loans

N/A

Withdrawals

N/A

Cash value

N/A

Reduced paid up

N/A

Riders & benefits

Premium offset/holiday: N/A

Premium offset/holiday

N/A

Death benefit

N/A

Reinstatement period

N/A

Convertible

Non-convertible