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CARMEL, Ind. (Map) -
ConsecoLifeOptions is an indexed universal life policy that offers the opportunity for long-term cash buildup with a guaranteed minimum index credit of 1%. Clients can customize their coverage levels with eight riders that provide additional protection for themselves, children and/or a spouse, such as the Nursing Care Confinement Waiver of Surrender Charges Rider which allows clients to withdraw up to 25% of the policy's total accumulation value without paying a surrender charge when confined to a qualified nursing care center for at least 30 days by a physician's order.
ConsecoLifeOptions has four crediting options for clients to choose how their policy builds value, including two annual point-to-point options, a 12-month averaging option and a fixed rate option. Clients will always receive at least the minimum index credit of 1%, regardless of market performance.
Partial withdrawals or loans can be made from a ConsecoLifeOptions policy yearly beginning in the second policy year (subject to policy provisions), and clients have the flexibility to change their policy as needed.
"ConsecoLifeOptions offers our agents a flexible indexed universal life
product with a first-year commission paid on rolling target premiums through
the second year," said
The Conseco insurance companies serve more than 4 million customers across America. Conseco's cancer, heart/stroke, accident and Medicare supplement policies protect people against major unplanned expenses; Conseco's annuities and life insurance products help people plan for their financial futures.
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