CorpExec Universal Life Insurance
Universal life insurance designed for use by corporations.
- Must be employer owned or sponsored
- Must have an employer/employee relationship
- Minimum base face amount of $25,000 per policy.
- Issue ages: 18-80
- Minimum coverage: 3 lives and $100,000 initial annual case premium
- Issue ages: 18–70
- Minimum coverage: 10 lives and $250,000 initial annual case premium
- The employee must meet our active work requirements
- Male and female
- Unisex available subject to approval
- Non-smoker and standard
- Alternative Cash Surrender Value Benefit
- Supplementary Term Rider (Only available with CVAT Section 7702 Test)