Minn Life is discontinuing the Eclipse product the end of this year.
Why is the Orion product better?
Yes the amount of initial insurance is higher than eclipse relative max premium levels, but the accumulation values and long term death benefit on my eclipse illustrations appear better than orions.
I used a 6% growth rate.
Female January 1950 Preferred Smoker
400k increasing death benefit for first 10 years
Then 475k level death benefit for rest of policy life.
ALP
Premium of 41k/year for 10 years.
At age 85 the CV is about 605k and DB is about 635 and growing to about $
Source of insurance-forums.net
Why is the Orion product better?
Yes the amount of initial insurance is higher than eclipse relative max premium levels, but the accumulation values and long term death benefit on my eclipse illustrations appear better than orions.
I used a 6% growth rate.
Female January 1950 Preferred Smoker
400k increasing death benefit for first 10 years
Then 475k level death benefit for rest of policy life.
ALP
Premium of 41k/year for 10 years.
At age 85 the CV is about 605k and DB is about 635 and growing to about $
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