Mutual Trust Life
At A Glance
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A
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0-80
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$10,000-$35,000
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Easy applications + paper applications
Product Overview
Horizon Value™ Participating Whole Life
Key Features:
Locked-in premium rates, guaranteed cash value accumulation (with potential additional dividends), and a secure death benefit.
Strong early cash value growth—often exceeding the annual premium in the initial years.
Premium Payments:
Payable up to age 90.
Eligibility & Underwriting Classes:
Standard: Ages 0–17
Standard Tobacco & Standard Non-Tobacco: Ages 18–75
Preferred Non-Tobacco & Preferred Tobacco: Ages 18–75
Preferred Plus Non-Tobacco: Ages 18–75
Coverage Amounts:
Preferred Plus & Preferred categories: Requires a total underwriting risk of at least $100,000.
Standard classes:
Ages 0–39: Minimum coverage of $25,000
Ages 40–75: Minimum coverage of $10,000
Maximum coverage: Determined through underwriting.
MTL™ Non-Participating Whole Life Policy Highlights
Key Features:
Guaranteed death benefit with fixed premium payments, often more affordable than other whole life options.
Cash value accumulation guaranteed in later years.
Premium Payments:
Payable through age 121.
Eligibility & Underwriting Classes:
Standard Non-Tobacco: Ages 0–80
Standard Tobacco: Ages 18–80
Preferred Non-Tobacco & Preferred Tobacco: Ages 18–80
Preferred Plus Non-Tobacco: Ages 18–80
Coverage Amounts:
Preferred Plus & Preferred categories: Require a minimum underwriting risk of $100,000.
Standard categories: Minimum coverage starts at $25,000.
Maximum coverage: Determined based on underwriting.
SelecTerm™ 10, 15, 20, and 30
Product Type:
Term Life Insurance
Key Features:
Guaranteed level premiums for 10, 15, 20, or 30 years.
Renewable annually up to age 98.
Convertible to most Mutual Trust whole life products, including Horizon Value™, without requiring proof of insurability.
Premium Payments:
Payable until age 98.
Eligibility & Underwriting Classes:
SelecTerm 10: Ages 18–75
SelecTerm 15: Ages 18–70
SelecTerm 20: Ages 18–65
SelecTerm 30: Ages 18–50
Coverage Amounts:
Minimum: $100,000
Maximum: Determined through underwriting.