Survivorship GIUL^®

North American’s Survivorship GIUL is an indexed universal life insurance policy that insures two individuals and pays a death benefit when the last individual dies. This product is designed to provide a death benefit to those who need financial support after both insureds are gone – typically children, a charity or organization, or a trust. With a variety of riders to choose from, Survivorship GIUL is a customizable and dependable product that may be your solution to estate planning and cash value accumulation needs..

Product Highlights:

• Low-cost death benefit protection available on either a current basis or a guaranteed basis (through the Premium Guarantee Rider).
• The ability to insure two lives with one premium payment.
• The ability to earn interest based on the movement of a stock market index without the risk of investing directly in the market.
• The interest rate credited is never less than zero percent—guaranteed!
• Features that help build long-term cash values for future financial needs.
• Access to your cash value through withdrawals and policy loans, including Net Zero-Cost Loans in policy years 6 and later.¹

Customize a plan that’s right for you. Learn more about SurvivorshipGIUL by downloading the brochure, or contact your North American representative today!

¹ Net zero cost loans are charged and credited at 3.0% for a net zero cost in years 6+. Policy loans from life insurance policies are generally not subject to income tax, provided the contract is not a Modified Endowment contract. A policy loan or withdrawal from a policy that is a Modified Endowment Contract is taxable upon receipt to the extent cash value of the contract exceeds premiums paid. Policy loans and withdrawals will reduce the cash value and death benefit. Neither North American Company nor its agents provide tax or legal advice. Please consult your legal or tax advisor before entering into or paying additional premiums with respect to such arrangements.

Indexed Universal Life products are not an investment in the "market" or in the applicable index and are subject to all policy fees and charges normally associated with most universal life insurance.

Survivorship GIUL is issued on policy form series LS171 without the Waiver of Surrender Charge and policy form series LS171W with the Waiver of Surrender Charge by North American Company for Life and Health Insurance, Executive Office, Chicago, IL 60607. Product features, issue ages, endorsements or riders may not be available in all jurisdictions. Limitations or restrictions may apply.