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Equity Advantage VUL

Chinese translation: 优先利益死亡保险？

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Equity Advantage VUL
Chinese translation:优先利益死亡保险？
Entered by: Mark Xiang

09:05 Jan 13, 2005
English to Chinese translations [PRO]
Bus/Financial - Insurance
English term or phrase: Equity Advantage VUL
美国的一个保险品种，相关原文如下：


Equity Advantage VUL is offered by prospectus only. If you have not received prospectuses for the Equity Advantage VUL life insurance policy or the underlying funding options, you can obtain them from your investment professional. The prospectuses contain information about the product's features, risks, charges and expenses, and the investment objectives, risks and policies of the underlying portfolios, as well other information about the underlying funding choices. Please read the prospectuses and consider this information carefully before investing. Product availabil
Lu Yi
China
Local time: 20:40
优先利益死亡保险？
Explanation:
Equity Advantage VUL is a variable universal life insurance policy that offers a choice of death benefit guarantees and investment opportunities. It provides money for your family or other beneficiaries if you die, and money for you while you’re living. Equity Advantage VUL gives you the choice of allocating your net premiums to one or more of our 42 funding options, plus a Fixed Account. Since the policy's cash value will vary with the performance of the particular funding option(s) chosen, there are no cash value guarantees. However, there is a greater potential for growth. The more conservative Fixed Account does provide cash value guarantees. This product is currently available in all states.

Who's it for?
People who:

Have a need for Life Insurance.
Have longer time frames to weather the market.
Want control over where their net premium dollars are allocated.
Are interested in the potential for higher, tax-deferred cash value returns and are willing to accept greater risk.
Benefits:

There is no set schedule for premium payments after the first policy year, so as your needs and goals change you may be able to increase, decrease or stop premium payments.
Since the amount of coverage (face amount) can generally be adjusted, you may never need to purchase another life insurance policy.
MetLife guarantees that the interest rate credited to the cash value in the Fixed Account will never be less than 3%.
A minimum death benefit is guaranteed regardless of funding option performance if you maintain Guaranteed Minimum Death Benefit premium payments at specified levels.
You can elect a Disability Waiver of Specified Premium Amount rider. In the event that the insured becomes disabled, this rider applies a predetermined amount of premium to the policy, within limits so that you can maintain coverage and continue to accumulate cash value.
The potential for your cash value to accumulate more rapidly.
The ease of professional portfolio management.
The flexibility to change the funding options in which your net premiums are invested at any time.
The ability to transfer money among the funding options at any time, currently without charge.
Some Drawbacks to Consider:

Increases in amounts of coverage require you to submit satisfactory health information to MetLife.
If funding option performance is poor and you have not maintained target premium payments, your death benefit could decrease depending on the death benefit option chosen, which could leave your beneficiaries inadequately protected or you may have to pay additional premium to keep the policy in force.
http://www.metlife.com/Applications/Corporate/WPS/CDA/PageGe...
Selected response from:

Mark Xiang
Local time: 20:40
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2优先利益死亡保险？
Mark Xiang
3优先利益综合可变寿险(Variable universal life insurance)
Carol Chen


  

Answers


37 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
equity advantage vul
优先利益死亡保险？


Explanation:
Equity Advantage VUL is a variable universal life insurance policy that offers a choice of death benefit guarantees and investment opportunities. It provides money for your family or other beneficiaries if you die, and money for you while you’re living. Equity Advantage VUL gives you the choice of allocating your net premiums to one or more of our 42 funding options, plus a Fixed Account. Since the policy's cash value will vary with the performance of the particular funding option(s) chosen, there are no cash value guarantees. However, there is a greater potential for growth. The more conservative Fixed Account does provide cash value guarantees. This product is currently available in all states.

Who's it for?
People who:

Have a need for Life Insurance.
Have longer time frames to weather the market.
Want control over where their net premium dollars are allocated.
Are interested in the potential for higher, tax-deferred cash value returns and are willing to accept greater risk.
Benefits:

There is no set schedule for premium payments after the first policy year, so as your needs and goals change you may be able to increase, decrease or stop premium payments.
Since the amount of coverage (face amount) can generally be adjusted, you may never need to purchase another life insurance policy.
MetLife guarantees that the interest rate credited to the cash value in the Fixed Account will never be less than 3%.
A minimum death benefit is guaranteed regardless of funding option performance if you maintain Guaranteed Minimum Death Benefit premium payments at specified levels.
You can elect a Disability Waiver of Specified Premium Amount rider. In the event that the insured becomes disabled, this rider applies a predetermined amount of premium to the policy, within limits so that you can maintain coverage and continue to accumulate cash value.
The potential for your cash value to accumulate more rapidly.
The ease of professional portfolio management.
The flexibility to change the funding options in which your net premiums are invested at any time.
The ability to transfer money among the funding options at any time, currently without charge.
Some Drawbacks to Consider:

Increases in amounts of coverage require you to submit satisfactory health information to MetLife.
If funding option performance is poor and you have not maintained target premium payments, your death benefit could decrease depending on the death benefit option chosen, which could leave your beneficiaries inadequately protected or you may have to pay additional premium to keep the policy in force.
http://www.metlife.com/Applications/Corporate/WPS/CDA/PageGe...

Mark Xiang
Local time: 20:40
Native speaker of: Native in ChineseChinese
PRO pts in category: 38
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Chinoise
10 days
agree  Carol Chen
909 days
Login to enter a peer comment (or grade)

909 days   confidence: Answerer confidence 3/5Answerer confidence 3/5
equity advantage vul
优先利益综合可变寿险(Variable universal life insurance)


Explanation:
Only for reference.

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Note added at 909 days (2007-07-12 03:57:24 GMT)
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股票收益综合可变寿险(Variable universal life insurance)


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Note added at 909 days (2007-07-12 04:00:06 GMT)
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证券收益综合可变寿险(Variable universal life insurance)


Carol Chen
China
Local time: 20:40
Native speaker of: Native in ChineseChinese
Login to enter a peer comment (or grade)



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