The AmerUs Life Insurance Group has introduced a new life insurance portfolio in the form of an uncomplicated single premium policy and an indexed single premium life policy that is fully funded up front. Just a single premium payment entitles the policyholder to death benefits.
Gary R. McPhail, president and chief executive officer of AmerUs Life Insurance Group opines that “Single premium life insurance is a guaranteed, tax-efficient product for consumers seeking to pass wealth to their heirs. It is an ideal product for those buyers who are considering an annuity product but have no plans to access the funds,"
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