Americo

E & O Insurance is required with this carrier for an agent appointment; follow this link for inexpensive Errors & Omission Insurance. E & O Insurance Provided through CalSurance offering agents three different methods of payment; Annual, Quarterly, or 10 pays.

Americo has several products available to agents. Below is a brief overview:

Final Expence:(all 3 products available on one application)

Ultra Protector I

Level Death benefit – Immediate benefit

  • Face amounts from $2,000 to $30,000
  • Simplified Issue Whole Life
  • All applications and disclosures included in Application Packet
  • Terminal Illness Rider and Children’s Term Rider
  • Issue ages 50 to 85 (smoker 50 to 80)
  • Smoker and Non-Smoker rates

Ultra Protector II

Ultra Protector II offers a 2-year graded death benefit (level in AR, MA, MN, MO, NJ, NC, and WV).

  • Face amounts from $2,000 to $30,000
  • Simplified Issue Whole Life
  • All applications and disclosures included in Application Packet
  • Issue ages 50 to 80
  • Smoker and Non-Smoker rates

Ultra Protector III

3 year Graded (2 years in some states) perfect for those clients with serious medical issues.

  • Face amounts from $2,000 to $10,000
  • Guaranteed Issue
  • All applications and disclosures included in Application Packet
  • Issue ages 50 to 75

General Life:

  • Advantage Whole Life
    • $15,000 Minimum face – 0-17
    • $25,000 Minimum face 18-75
    • Age last birthday
  • Life Crest Universal Life:
    • 20-year, no lapse guarantee at minimum premiums
    • $25,000 minimum face amount
    • Low minimum premiums
    • Prospective interest rate bonus in years 11+ (0.5% current practice)
    • Non-medical up to $100,000 to age 65
    • Extendible maturity date option beyond age 100
    • Contractually guaranteed zero net cost loans available
    • Accelerated Benefit Payment Rider included at no additional cost (up to 50% of death benefit, $250,000 maximum)
  • Life Crest Index
    • LifeCrest Index is an indexed flexible premium universal life policy that offers lifetime coverage, a guaranteed return of premium feature, and interest that is based on the performance of the S&P 500®.
  • Lifetime Legacy
    • Lifetime Legacy is a special type of life insurance designed for legacy assets. In many cases a single premium payment can create a substantial lifetime guaranteed death benefit, plus so much more.
  • Quality25
    • Competitive Universal Life product available 18 through age 80 with a medium-range target premium
    • Issue ages 18-80
    • Minimum face amount of $50,000
    • Non-smoker rating class defined as no cigarettes for last 12 months; smokeless tobacco, cigar, and pipe smoking qualify
    • Non-medical up to $100,000 to age 65
    • Guaranteed minimum interest rate of 3.5%
    • Zero net cost loans available
    • 1% prospective interest bonus starting in year 11 (current practice)
    • Accelerated Benefit Payment Rider included at no additional cost (up to 50% of death benefit, $250,000 maximum)


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