Portability for these products may not be available in all states.
1Access to cash values through borrowing or partial surrenders will reduce the cash values and death benefit, increase the chance the certificate will lapse, and may result in a tax liability if the certificate terminates before the death of the insured.
2Withdrawals or loans from the certificate may have tax consequences. You should consult your tax advisor. Withdrawals are not subject to taxation up to the amount paid into the certificate (cost basis). If the certificate is a Modified Endowment Contract, loans and/or withdrawals will be taxable to the extent of gain and are subject to a 10% tax penalty. Loans and/or withdrawals will also reduce the net surrender value and loans may reduce the death benefit. Taking a loan could have adverse tax consequences if the certificate terminates before the insured’s death.
3A limited supplemental insurance that is also referred to as Group Specified Disease Insurance.