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Low Load Insurance Product I Ameritas Advisors Variable Universal Life

variable universal life product details

Protect and fulfill life with Ameritas Advisor VUL®

Give your clients a life insurance policy with low fees and a variety of investment choices. It's a flexible financial tool with three powerful advantages: lifetime insurance protection, top-quality investment options and the potential for tax-advantaged growth.

Read the prospectus for detailed information about product risks and expenses before investing any money. See our riders for information about additional benefits that can supplement the coverage for the primary insured.


Issue Ages 0-80 age nearest birthday
Specified Amount Minimum = $100,000
Maximum = $10,000,000 (without prior Home Office approval)
Specified Amount
Banding Limits
Band 1: $100,000 to $249,999
Band 2: $250,000 to $999,999
Band 3: $1 million & up
Policy Charges Surrender Charge: 0%
M&E Charge: the current charge is 0.70% annually years 1-15 and 0.10% years16+ (the maximum charge is 0.90% in years 1-15 and 0.30% in years 16+). The charge from the Fixed Account is 0%
Monthly Administrative Charge: $10/month for Band 1, $7.50/month Bands 2 & 3 (maximum Bands  2 & 3 $10/month)
Cost of Insurance Charge: Deducted monthly and varies by age, gender, rate class and specified amount
Premium Charge: 2.0% (maximum 5%)
Monthly Specified Amount Charge: First 10 policy years and first 10 years following an increase for a very limited number of ages and rate classes
Rate Classes

Preferred Plus Nontobacco, Preferred Nontobacco, Select Nontobacco, Standard Nontobacco, Preferred Tobacco, Standard Tobacco

Note: all rate classes may not be available at all ages for all specified amounts.

Death Benefit Options Option A: Greater of specified amount or account value multiplied by the corridor factor
Option B: Greater of specified amount plus account value or account value multiplied by the corridor factor
Option C: Greater of specified amount plus premiums paid less partial withdrawals or account value multiplied by the corridor factor

Children's Insurance Rider, Waiver of Monthly Deduction Rider, Accelerated Benefit Rider, Term Insurance Rider, Paid-Up Insurance Benefit

Read more about riders

Riders available in most states. Some riders require an additional charge.

Transfers among Investment Options No limit on number of transfers. (Contractually: a $10 fee for each transfer may apply after 15 transfers in a policy year, and there may be restrictions on excessive trading.) Minimum transfer $250. Must maintain investment option balance of $100 in Fixed Account – $250 in subaccounts.
Optional Systematic Investment

Portfolio Rebalancing, Earnings Sweep, Dollar Cost Averaging, Asset Allocation

Systematic programs can help maintain investment diversification but are not guaranteed to achieve performance results.

Fixed Account Transfers A transfer out of the Fixed Account may be made only once per policy year and is limited to the greater of (1) 25% of the Fixed Account value, (2) the greatest amount of any similar transfer in the last 13-month period or (3) $1,000.

Minimum: $200
Maximum: net cash surrender value at year-end
Charge is 4.0% current and guaranteed, earning 3.0%, net 1.0%

Loans reduce death benefit and cash value and may cause policy to lapse.

Preferred Loans Available after 5 years on earnings at net 0% (maximum net 0.5%)
Partial Withdrawals Minimum: $100.
Maximum: net cash surrender value minus the next three monthly deductions for insurance charges.
Withdrawal Charge: current $0 (maximum $50).

Withdrawals reduce death benefit and cash value and may cause policy to lapse.
State Approvals Available in all states except NY


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