Whole Life

Whole Life Ordinary

Original line of business: Zurich

Updated on: Dec 13, 2018

Product snapshot

Whole Life Ordinary is a whole life product that may or may not be participating.

Basic product information

Product administration guide: N/A

Sample contract: N/A

Dividend options: Yes

Bonus: N/A

Dividend options

If applicable: 

  • Cash
  • Premium
  • Paid up additions
  • Accumulation

Bonus

N/A

Premium paying period

Level and payable for life

Policy fees

None

Deposit load

N/A

Values, loans & withdrawals

Non forfeiture option: Yes

Loans: Yes

Withdrawals: Yes

Non-forfeiture option

Automatic premium loan

Loans

Loans are available

Withdrawals

If the policy is participating, withdrawal of dividends is available

Cash value

Guaranteed contractual cash values 

Reduced paid up

Reduced paid-up is an option

Riders & benefits

Premium offset/holiday: N/A

Premium offset/holiday

Please note that premium offset is not available on this policy

Death benefit

  • Basic coverage amount 
  • Dividend or PUA value, is applicable 
  • Minus any loan if present

Reinstatement period

2 years

Convertible

No, this is already in a whole life product