England Financial - Life Insurance
New England Financial
premier member of America's financial services industry, New
England Financial is recognized for its high-quality insurance
and investment products.
a 165-year tradition of integrity and sound performance, New
England Financialo have special expertise in helping individuals
and businesses achieve their financial goals and provide security
for future generations. Now affiliated with Metropolitan Life
Insurance Company, America's second-largest insurer, New England
Financial trace their origins to the nation's first mutual
life insurance company, chartered in 1835. Headquartered in
Boston, New England Finanial have offices in nearly every
major U.S. city and are licensed to do business in all 50
states and the District of Columbia.
England Financial has solid financial strength. All the major
rating agencies rank New England Financial in the excellent
or superior range for claims paying ability and financial
Standard & Poor's AA
Duff & Phelps AA+
A.M. Best A+
England Financial backs the policies it issues just as any
insurer does. By agreement, its parent, MetLife®, one
of the largest and strongest financial institutions in North
America, stands behind New England Financial's ability to
meet its obligations.
New England Financial Life Insurance
has one or both of two primary features protection
in the form of a death benefit and tax-deferred cash value
buildup. When these features are combined, insurance can ensure
fulfillment of important funding programs like:
a funding vehicle, insurance offers additional flexibility
because loans can be taken against a policy's cash value on
a tax-free basis. Cash value can also be accessed by surrendering
the policy, but the proceeds are taxable.
what you pay for the policy, can vary depending on your specific
needs. Depending on the terms, you can pay for your policy
in equal installments (level premium); in installments that
increase with your ability to pay; and in amounts you determine
(flexible premium). You may also be able to purchase your
policy with a single large payment (single premium).
New England Financial Traditional Life
life insurance products from New England Life Insurance Company
(New England Financial) provide you with a range of protection
options and solid tax advantages.
What is traditional life insurance?
Traditional life insurance is cash value life insurance for
clients who prefer a set premium commitment and leaving the
investing to the company. With traditional life insurance,
the insurance company invests your cash value in investments
with relatively predictable performance over long periods.
This allows the company to guarantee at least a minimum cash
New England Financial's traditional life products
New England Financial offers different traditional life products
to fit individual needs. For more complete information on
these traditional life products, please contact your financial
Term Life Insurance
Life insurance protection for a specified period of time that
pays a benefit only if death occurs within that period.
Whole Life Insurance
Permanent life insurance coverage (provided that premiums
are paid when due) with level premiums and death benefit coverage
that lasts for your entire lifetime.
Universal Life Insurance
A form of permanent life insurance (as long as there is sufficient
cash value to cover the policy costs) that is characterized
by its flexible premiums, flexible face amounts and unbundled
pricing factors. Cash value buildup is tied to interest rate
Survivorship Life Insurance
Permanent insurance (provided that premiums are paid when
due) that insures two lives and pays the death benefit after
the second death. Survivorship life is ideally suited for
paying estate taxes on the death of the second spouse.
New England Financial Variable Life
is variable life? Variable life insurance is cash-value
life insurance with values reflecting the performance of a
variety of funds that you select. It differs from traditional
permanent life insurance.
traditional life insurance, the insurance company invests
your cash value in investments with relatively predictable
performance over long periods. This allows the company to
guarantee at least a minimum cash value.
variable life insurance, you choose how your cash value
is invested among a variety of funds, such as growth, value,
index, balanced, overseas, and money market funds, and often
a fixed account as well. Although the insurer doesn't guarantee
a minimum cash value, there's no limit on the potential growth
of your cash value. This means that over time, both the cash
value and the death benefit have the opportunity to out-perform
other forms of life insurance. Unlike traditional life insurance,
however, variable life insurance has inherent risks associated
with it, including exposure of your death benefit and cash
value to market volatility. Investment performance and principal
will fluctuate with changes in market conditions.
are the tax advantages? Following current tax laws,
the earnings from your policy's cash value are tax deferred.
Loans from life insurance policies reduce the cash value and
death benefit, and interest is charged on the amount borrowed.
Borrowed funds do not participate in the investment performance
of the sub-accounts. You have access to your cash value through
tax-free loans (subject to certain restrictions). Your beneficiaries
receive the death benefit free of income taxes, and if ownership
is properly structured, they may be received free of estate
taxes as well.
England Financial offers several variable life products to
fit individual needs. For more complete information, including
fees and expenses associated with these variable life products,
see the prospectuses on the New England Financial web pages.
You may also obtain a current paper copy of prospectuses from
your New England Securities registered representative. Please
read the prospectus carefully before investing. Not all products
are available in all states.
Zenith Flexible Life
Offers you flexibility to vary your premium payments (subject
to certain restrictions). Unfavorable performance of the underlying
sub-accounts may necessitate the payment of additional premiums.
Zenith Survivorship Life
A strong estate planning tool, it pays a death benefit upon
the death of the second insured.
Zenith Variable Whole Life
Offers a guaranteed level fixed premium along with a guaranteed
Zenith Executive Advantage Plus
This product's universal life design allows for flexibility
in premium payments and management of the policy value through
multiple investment options. Unfavorable performance of the
underlying sub-accounts may necessitate the payment of additional
Zenith Life Plus II
Provides guaranteed death benefit with a fixed premium while
giving you access to the growth potential of the stock market.
Zenith Life Executive 65
Designed primarily for use by businesses and for personal
retirement needs, this policy is guaranteed to endow at age
American Gateway Series Single Premium Variable Life
Allows your money to grow tax-deferred, keep pace with inflation,
and provide your financial program with the insurance protection