1 Life insurance policy guarantees are subject to the timely payment of premiums. Loans, withdrawals and advances will reduce the death benefit and cash surrender value and may cause the policy to lapse. The lapse or surrender of a policy with an outstanding loan may result in taxable income.
2 Loans and withdrawals will reduce the death benefit if not repaid. Tax free assumes the policy is not a Modified Endowment Contract, the withdrawals do not exceed cost basis, and the policy does not lapse. Always consult an attorney or tax advisor regarding your specific legal or tax situation.
3 Subject to the terms of the policy, including payment of the required premiums, suicide exclusion, contestable provision and loan provision.
4 Dividends are not guaranteed and may be changed by the company at any time.
Whole Life Insurance Policy series ICC21 LL-01 2104, ICC21 LL-03 2104 & ICC21 LL-08 2104. Single Premium Whole Life Insurance policy number ICC21 LL-02 2104 & ICC21 LL-04 2104.
Loans, withdrawals and advances will reduce the death benefit and cash surrender value and may cause the policy to lapse. The lapse or surrender of a policy with an outstanding loan may result in taxable income.
Life insurance products are issued and guaranteed by The Lafayette Life Insurance Company. Guarantees are based on the claims-paying ability of the company. The Lafayette Life Insurance Company is a member of Western & Southern Financial Group, Inc. Product approval, availability and features may vary and may not be available in all states. The Lafayette Life Insurance Company and its agents do not offer legal or tax advice. The information contained herein is general in nature and for informational purposes only. Always consult an attorney or tax advisor regarding your specific legal or tax situation.
Life insurance is not intended to be used as a savings product, retirement plan, or investment vehicle. Lafayette Life’s role is strictly limited to providing life insurance policies and annuity contracts. Any other services a Lafayette Life independent agent provides to applicants and policyholders, including but not limited to financial planning, estate and retirement planning, tax planning, or investment planning, are not provided on behalf of Lafayette Life.