American Elite Whole Life

Nonparticipating whole life product provides low-cost, permanent insurance ideal for clients desiring smaller face amounts, and for term conversions, even after 5 years.

• Guaranteed permanent protection, guaranteed cash values and guaranteed level premiums
• No lab or exam requirements on face amounts up to $99,999 through age 55 although an agent completed Part B is still required; Outside of these ranges, standard age and amount guidelines apply.*
• Minimum face amount $5,000, $1,000 for term conversions
• Issue 0-70
• Two underwriting classes: Nontobacco and Tobacco
• No restrictions on conversions; available after 5 years
• Full slate of riders, including Guaranteed Option to Purchase Additional Insurance lets client purchase up to $50,000 of additional insurance without underwriting, up to age 39 (not available on conversions) **
• Issued in all states except New York by American General Life Insurance Company (policy form # MWL02AG) in New York by The United States Life Insurance company n the City of New York (policy form # 06006N)

*Not a simplified or guaranteed issue product. Additional information such as medical records may be ordered to underwrite the risk.
**Not available in New York.
 

FOR PRODUCER USE ONLY - NOT FOR DISSEMINATION TO THE PUBLIC