Safe Harbor TermTM Conversions
Safe Harbor Term Conversion Periods
|Product||In the first year|
|10 year||5 years|
|15 year||7 years|
|20 year||10 years|
|30 year||10 years|
Permanent Products Currently Available For Conversion
|Term Product||Permanent Product|
|Safe Harbor Express 10,15, 20 or 30 year||Nassau Remembrance Life|
|Safe Harbor 10, 15, 20 or 30 year|
Things you should know
Be sure to review product materials for information regarding the permanent product you are applying for.
The new policy will be issued with any riders available for that plan. Any riders on the policy being converted do not necessarily carry over upon conversion. For example, a Safe Harbor policy being converted to Remembrance will be issued without any Accelerated DBR’s.