West Coast Life Products

West Coast Life - Golden G Series

Golden G Series Product Features

State Approvals

Approved in all states except: NY

Type

Graded Premium Life with Term-like Premiums

Conversion Options

A conversion option is included on all West Coast Life, Golden G and Golden V policies; allowing the policy owner to change his or her policy to any eligible permanent life insurance policy at any time during the initial premium period and before the Insured’s 75th birthday. Evidence of insurability is not required if the specified amount of the new policy is not greater than the original policy. The new permanent life insurance policy will be issued at the Insured’s attained age and in the same or closest risk classification as the original policy.

Issue Ages

Age Last Birthday

Generic:
G10: 18-83 (15-83 for NT, 18-81 for TB & PT)
G15: 18-74 (15-74 for NT, 18-72 for TB & PT)
G20: 18-67 (15-67 for NT, 18-65 for TB & PT)
G25: 18-60 (15-60 for NT, 18-57 for TB & PT)
G30: 18-52 (15-52 for NT, 18-45 for TB & PT)

Issue ages may vary in OR, WA, & MD

Face Amounts
Min/Max

Band 1: $100,000- $249,999
Band 2: $250,000-$999,999
Band 3: $1,000,000+

Modal Factors

Semi-annual = .52
Quarterly = .265
Monthly = .0875

Policy Fee

$50 for G10, G15, G25, and G30
$40 for G20

(Non-commissionable)

Special Product
Features

Accelerated Death Benefit
Accidental Death Benefit
Waiver of Premium
Children's Insurance

West Coast Life - Golden G Series Underwriting Guidelines

Classes

Super Preferred Nontobacco
Preferred Nontobacco
Standard Nontobacco
Preferred Tobacco
Standard Tobacco

Re-entry

A new Golden G policy may be purchased before the initial period expires subject to age limitations and satisfactory evidence of insurability at that time. <

Tobacco Definition

In order to qualify for non-tobacco use rates, the proposed insured must not have used tobacco or nicotine products in any form (gum, patches, cigars, etc.) within one year prior to the application.

For Super Preferred, however, the time frame is three years. All current positive cotinine (nicotine) results will be treated as tobacco usage.

Special Underwriting
Features

Super Preferred:

Standard risk medically and no ratable occupational hazard.

Not a private pilot or participant in aviation activities. Pilots and crew members on regularly scheduled passenger flights on major airlines are acceptable if not engaged in any other flying activities. Exclusion is okay except in Missouri, New Jersey and North Dakota.

No current blood pressure reading to exceed: 140/85

No current or history of blood pressure treatment.

No current cholesterol treatment.

No history of alcohol or substance abuse within the last 20 years.

Cholesterol must be 210 or less. If ratio is 3.5 or lower, then level may be 220.

Cholesterol/HDL ratio must not exceed 4.5.

No history of internal cancer, melanoma or heart disease within the last 20 years. No history of diabetes (except gestational).

No hazardous sports or avocations, i.e., hang gliding, ballooning, motorized racing, parachuting or scuba diving within the last 3 years.

No nicotine use of any kind for the last 3 years.

Not available if two or more moving violations in the last two years or if any DUI or reckless driving in the last five years.

No history of or death from coronary artery disease or cancer of either natural parent prior to age 60, unless the insured is attained age 60 or older.

No other adverse underwriting considerations per underwriting judgment.

Preferred:

Standard risk medically and no ratable occupational hazard.

Not a private pilot or participant in aviation activities. Pilots and crew members on regularly scheduled passenger flights on major airlines are acceptable if not engaged in any other flying activities. Exclusion is okay except in Missouri, New Jersey and North Dakota.

Blood pressure not to exceed: 145/90 - Age 50 or younger; 150/90 - Age 51 or older

No history of alcohol or substance abuse within the last 20 years.

Cholesterol must be 230 or less, but if all other criteria are met, add +10 (240 total), including treated cholesterol.

Cholesterol/HDL ratio must not exceed 6.0.

No history of internal cancer, melanoma or heart disease within the last 20 years. No history of diabetes (except gestational).

No hazardous sports or avocations, i.e. hang gliding, ballooning, motorized racing, parachuting or scuba diving within the last 3 years. Recreational scuba diving up to depths of 75 feet is acceptable.

No nicotine use of any kind for the last year for Preferred Non- Tobacco. This includes occasional cigars, nicotine gum, etc.

Not available if two or more moving violations in the last two years or if any DUI or reckless driving in the last five years.

No history of or death from coronary artery disease or cancer of either natural parent prior to age 60, unless the insured is attained age 60 or older.

No other adverse underwriting considerations per underwriting judgment.