This is an income replacement policy

Venture 

Original line of business: Aetna

Updated on: Dec 10, 2018

Product snapshot

For small business and franchise owners.

Basic product information

Sample contract: N/A

Dividend options: N/A

Bonus: N/A

Dividend options

N/A

Bonus

N/A

Premium paying period

Non-cancellable and guaranteed renewable to age 65. The policy is conditionally renewable for life or to age 75 if the insured remains employed on a full-time basis. The maximum benefit period will be 2 years to age 75, and 1 year thereafter. Premiums after age 65 may change on any policy anniversary. Please refer to contract for additional information

Policy fees

$50.00

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