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North American's Business Solutions
Key Person Insurance

 
 

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Helpful Guy Call (800) 800-3656 ext. 10411 and North American's Sales Development team will show you how life insurance may be used for key person planning and help protect your clients' business.

Whether your clients own a large company or a small family-operated
business, the success of any business depends on smart strategy and
planning. North American Company offers business solutions using life
insurance to help ensure that all the effort and money invested in a business
won't disappear when the unexpected happens.

Use one of North American's life products to help protect your clients
from the loss of a key employee that could result in:


  • Costly delays in business operations
  • New venture vulnerability
  • Expensive employee replacement costs
  • Loss of income from decreases in sales
  • Difficulty securing business loans
  • Unintended transfers of shareholdings or business interests

North American's leading-edge product portfolio has the competitive
performance and compensation you're looking for in a key person
business plan. With Term, Universal Life Insurance and Indexed Universal
Life Insurance, we may have a product to fit your client's needs.

Product Strengths

  RapidBuilder

For death benefit protection and the potential to earn significant cash value in the early policy years, try Rapid Builder IUL® indexed universal life insurance:


  • Short-term cash value accumulation
  • No premium load
  • Waiver of Surrender Charge Option1 with table shaving component2
  • Return of Premium death benefit option
  • Interest bonus on both the index account and the fixed account3
  • Chronic Illness Accelerated Benefit Rider allows for access to a portion of the death benefit if the insured becomes chronically ill
 

Product Strengths

  CustomGrowthCV

And for the same death benefit protection needs and potential for
cash value growth with a universal
life insurance product, try Custom GrowthCV®:


  • Waiver of Surrender Charge Option1 with table shaving component2
  • Premium Bonus: non-guaranteed; payable in years 11-154
  • Interest Bonus: conditionally guaranteed at 1% in years 11-20 and 1.15% in years 21+3
  • Chronic Illness Accelerated Benefit Rider allows for access to a portion of the death benefit if the insured becomes chronically ill
 

Product Strengths

  CustomGuarantee

Today, more than ever, death benefit guarantees are important. With North American's Custom Guarantee® universal life insurance plan, what your clients buy today is what we'll deliver when it's needed.


  • Guaranteed Permanent life protection – even up to age 1205
  • Low-cost protection with low face amounts starting at $25,000
  • Guaranteed Exchange Privilege6 allows a client to exchange to a cash-value accumulation universal life product
  • Chronic Illness Accelerated Benefit Rider allows for access a portion of the death benefit if the insured becomes chronically ill
 

 

Product Strengths

  ADDvantage

If a simple low-cost solution is what your clients are looking for, look no further than ADDvantage Term® life insurance.


  • Very low-cost product for businesses on a budget
  • Level premium payments for 10, 15, 20, and 30 year periods7
  • Ability to convert this term policy to a permanent policy should your client's needs change
 

 

 

For all of your client's business planning needs, turn to North American Company.
Call Sales Development today at (800) 800-3656, ext. 10411 or
email salessupport@nacolah.com and help your clients find a solution
to their business needs while building your sales!