Life Insurance
- Group Term Life and Accidental Death and Dismemberment
- Individual Flexible Premium Variable Universal Life Insurance
- Individual Universal Life Insurance
- Individual Whole Life Insurance
[Top]Group Term Life and Accidental Death and Dismemberment (AD&D) Insurance
Traditional Term Life and AD&D Insurance
Issued and underwritten by American United Life Insurance Company® (AUL)
This employer-paid group term life insurance and accidental death and dismemberment insurance offers flexible coverage options, optional dependent coverage, accelerated life benefits, a seat belt benefit and Internet-accessible forms and guides. This product also offers flexible enrollment capabilities and efficient administration support options, including AUL Desktop, ePay, iBill, summary billing and list billing. Policy form # G2500/2502/2510 may not be available in all states.
Voluntary Term Life and AD&D
Issued and underwritten by American United Life Insurance Company® (AUL)
This employee-paid, payroll deducted, group term life insurance and accidental death and dismemberment insurance offers coverage amounts up to five times salary or $500k, optional dependent coverage, guaranteed issue amounts, continuation of coverage when coverage terminates, enrollment support, a seat belt benefit, accelerated life benefits, guaranteed increase benefit, tobacco/non-tobacco and composite/age-banded rates and Internet-accessible forms, guides and resources. This product also offers flexible enrollment capabilities and efficient administration support options, including AUL Desktop, ePay, iBill, summary billing and list billing. Policy form # G2525/2526/2535/2536 may not be available in all states.
Contact an AUL regional group office for more information.
[Top]Individual Flexible Premium Variable Universal Life Insurance
American Accumulator
Issued and underwritten by American United Life Insurance Company® (AUL)
If you're looking for a vehicle for business and estate planning, American Accumulator can help. It offers policyholders premium and death benefit flexibility with the opportunity to invest premiums in a wide range of investment options. The product can also help individuals with college funding, retirement, business and estate planning. Optional riders allow you to customize a policy that can address your life insurance needs. Policy form number series FPVUL may not be available in all states.
[Top]Individual Universal Life Insurance
Optimum Accumulator
Issued and underwritten by Pioneer Mutual Life Insurance Company (PML), a stock subsidiary of American United Mutual Insurance Holding Company (AUMIHC)
You can protect your business with Optimum Accumulator. Flexible features, such as, changing death benefit options and adding or removing certain policy riders allow you to manage a policy that can address your changing needs. Policy form number series 2900 may not be available in all states.
[Top] Individual Whole Life Insurance
Legacy
Issued and underwritten by American United Life Insurance Company® (AUL)
For business owners seeking insurance solutions to protect their business interests or provide benefits to key employees, this whole life insurance product offers flexibility with the security of guaranteed premiums and values. A variety of dividend options and riders can allow you to design a solution that matches your needs. Policy form number series L-59 may not be available in all states.
Legacy 121
Issued and underwritten by American United Life Insurance Company® (AUL)
You can provide your business with life insurance protection at affordable premium levels. Legacy 121 is payable to age 121 and has subsequently lower premium payments than the Legacy whole life insurance product – while offering many of the same features and benefits available in Legacy. Policy form number series L-59 may not be available in all states.
Liberty Select
Issued and underwritten by American United Life Insurance Company® (AUL)
A life insurance solution for business insurance needs or charitable giving, Liberty Select combines flexibility with the security of guaranteed premiums, guaranteed premium payment periods and values. You select the number of years you want to pay premiums -- and AUL guarantees that no additional premiums will be due after that period. Policy form number series L-59 may not be available in all states.
For more information about our life insurance products, contact an AUL financial professional.
Note: The product descriptions provided are not intended to constitute offers to sell or solicitations in connection with any products or services.
Registered variable universal life insurance (VUL) policies issued by American United Life Insurance Company® (AUL) are distributed by OneAmerica Securities, Inc., Member FINRA, SIPC, a Registered Investment Advisor, 433 N. Capitol Ave., Indianapolis, IN 46204, (877) 285-3863, which is a wholly owned subsidiary of AUL.
VUL policies are sold by prospectus. Both the product prospectus and underlying fund prospectuses can be obtained from your investment professional or by writing to the issuing insurance company. Before investing, carefully consider the fund's investment objectives, risks, charges and expenses. The product prospectus and underlying fund prospectus contain this and other important information. Read the prospectuses carefully before investing as investing involves risk including the potential loss of principal.
As your personal situations change (i.e., marriage, birth of a child or job promotion), so will your life insurance needs. Care should be taken to ensure these strategies and products are suitable for your long-term life insurance needs. You should weigh your objectives, time horizon and risk tolerance as well as any associated costs before investing. Also, be aware that market volatility can lead to the possibility of the need for additional premium in your policy. Variable life insurance has fees and charges associated with it that include costs of insurance that vary with such characteristics of the insured as gender, health and age, underlying fund charges and expenses, and additional charges for riders that customize a policy to fit your individual needs.
A life insurance policy issued after June 21, 1998, may be classified as a “modified endowment contract” (MEC) if the cumulative premiums paid during the first seven years (7-pay test) at any time exceed the total of the “net level premiums” for the same period.
If a policy is classified as a MEC, all withdrawals (including loans, surrenders and distributions) will be taxed as current income, until all of the policy earnings have been taxed. There is an additional 10% penalty tax if the owner is under age 59-1/2 at the time of withdrawal, unless the payments are due to disability or are annuity type payments.
Partial policy withdrawals may be taxable. Surrender proceeds or outstanding policy loans may be taxable as gains at the surrender of the contract. Policy withdrawals or policy loans may be taxable as gains when they are taken from a policy that is a Modified Endowment Contract.
All guarantees are subject to the claims paying ability of AUL.
Before investing, understand life insurance products are not insured by the FDIC, NCUSIF, or any other federal government agency, and are not deposits or obligations of, guaranteed by, or insured by the depository institution where offered or any of its affiliates. VUL policies may lose value and are subject to investment risk, including the possible loss of principal.
