Living Life Defender — PFA Exclusive IUL | YourGardenStateAgent.com HERO
🛡️ PFA Exclusive Product  ·  National Life Group

The IUL That Pays You
While You're Still Alive.

Living Life Defender is a Permanent Life Insurance policy from National Life Group — offered exclusively through Premier Financial Alliance — that protects your family, grows tax-deferred cash value, and pays out living benefits when life gets interrupted by illness, injury, or disability.

0% Floor — cash value never
goes negative in a crash
5 Living benefit triggers:
illness, injury, Alzheimer's…
$0 Extra cost for most
accelerated benefit riders
Tax-Free Retirement income via
policy loans under current law
PROBLEM — LIFE GETS INTERRUPTED
// The Reality

Life Gets Interrupted.
Most Policies Only Pay When You Die.

Standard life insurance leaves a gap: it doesn't help you while you're alive. Living Life Defender was built to close that gap.

42%

of Americans would face financial hardship within 6 months if a wage earner died

66%

of U.S. bankruptcies are directly caused by medical expenses

60%

of disabilities are caused by illness — not accidents

36%

of Americans feel their retirement planning is on track

WHAT IT IS
// Protection

Permanent Death Benefit
Your Family Can Count On

Living Life Defender is a permanent, Indexed Universal Life policy — it never expires. Unlike term, it doesn't walk away after 20 or 30 years. Your family is protected whether you die at 52 or 92.

  • Lifetime coverage — never expires as long as premiums are paid
  • Death benefit paid 100% income-tax free to beneficiaries
  • Two options: Level death benefit (Option A) or Increasing (Option B)
  • Guaranteed Flex Rider keeps policy in force for 10 years automatically
📍 Real Example — NJ Client

Dmitri, 42, Software Engineer, Bridgewater NJ

Earns $185K/year. 401(k) maxed. Puts $1,500/month into Living Life Defender. In a good S&P year (+22%), his cash value is credited up to the cap. In a 2008-style crash (–38%), his cash value stays at 0% — not –38%. At 65, he draws ~$3,500/month in tax-free policy loans and still has a death benefit protecting his family.

// Growth

Market-Linked Growth
With a Floor of Zero

Your cash value is indexed to the S&P 500, Credit Suisse Balanced Trend, or US Pacesetter Index — but you never directly own stocks. When the index rises, you're credited up to the cap rate. When it falls, your floor is 0%.

  • S&P 500 strategy: cap up to ~9.25% / floor 0%
  • Credit Suisse Balanced Trend: participation-based strategy
  • US Pacesetter Index: enhanced participation option
  • Tax-deferred growth — no 1099s while inside the policy
  • Customer Appreciation Bonus: 0.15%+ annually from year 6
  • Loyalty Bonus: 1.00% every 10 policy years
Year S&P 500 S&P w/ 0% Floor Your Cash Value
2018–6.24%0.00%Protected ✓
2019+28.88%+9.25% (cap)Credited ✓
2020+16.26%+9.25% (cap)Credited ✓
2021+26.89%+9.25% (cap)Credited ✓
2022–19.44%0.00%Protected ✓

Historical rates shown apply current Cap, Participation and Floor rates to past index performance. Not a guarantee of future results. Actual credited rates depend on declared rates and policy charges. For illustration purposes only.

LIVING BENEFITS — ABR
// Accelerated Benefit Riders

Five Ways Your Policy
Pays You While You're Alive

These riders are included at no additional premium cost. They allow you to access part of your death benefit early if you qualify — for any expense you choose.

💔

Terminal Illness

Diagnosed with a terminal illness expected to cause death within 24 months? Access a portion of your death benefit immediately to manage expenses, travel, home care, or anything else.

🏥

Chronic Illness

Unable to perform 2 of 6 Activities of Daily Living (bathing, dressing, eating, etc.)? Monthly benefit payments from your death benefit help replace lost income and cover care costs.

🧠

Alzheimer's Disease

Qualifying diagnosis of Alzheimer's or Lewy Body Dementia triggers a lump-sum payout from your death benefit. Available at issue for clients under 60 with no immediate family history.

❤️

Critical Illness

Heart attack, stroke, cancer, ALS, kidney failure, organ transplant, and 9 more qualifying conditions allow access to your death benefit on a discounted basis while you're still living.

🦽

Critical Injury

Traumatic brain injury, paralysis, severe burns, or coma — qualifying injuries allow access to death benefit funds to cover recovery, home modification, and living expenses.

💰

No Extra Premium

All five Accelerated Benefit Riders are included at no additional premium cost. This is what makes Living Life Defender uniquely positioned among IUL products.

// Covered Critical Illnesses

ALS (Lou Gehrig's)
Aorta Graft Surgery
Aplastic Anemia
Cancer
Cystic Fibrosis
End-Stage Renal Failure
Heart Attack
Heart Valve Replacement
Major Organ Transplant
Motor Neuron Disease
Stroke
Sudden Cardiac Arrest
Coma
Paralysis
Severe Burns
Traumatic Brain Injury

Covered conditions vary by state. Critical illness claim must be filed within 365 days of qualifying event. ABR receipt reduces cash value and death benefit. Not available in CA on this form.

RIDERS OVERVIEW
// Policy Riders

Built-In Protections
Most Policies Charge Extra For

Every rider below is automatically attached or available to add. Several come at zero additional cost.

Included Free

Guaranteed Flex Rider

Your policy is guaranteed to stay in-force for 10 years at no charge — automatically added if eligible. Extend to 20, 30, or 40 years for a small monthly charge. Minimum premiums required during the guarantee period.

Included Free

Fertility Journey Rider

Provides a one-time lump-sum Accumulated Value Credit in the event of qualifying reproductive assistance. Automatically attached at issue, no additional charge. A unique benefit that reflects NLG's commitment to modern families.

Included Free

Extended Hospital Stay Benefit

Pays an additional $5,000 death benefit if the insured dies during or after a hospital stay of 20+ consecutive days. No extra premium. Hospital must be in the U.S. Confinement must begin after the first policy year.

Optional Add-On

Gap Protector Rider

Automatically increases your death benefit by 5%, 10%, or 15% annually — no new underwriting required. Annual premiums increase proportionally. Stop at any time. Designed for clients whose coverage needs grow with their income.

Optional Add-On

Combo MultiChoice Rider

Add 20- or 30-year term coverage for your spouse, adult children, or key employees — all under one policy. Covered individuals retain access to all five ABRs. Covered person can convert to their own Living Life Defender at any time.

Premium Feature

Lifetime Income Benefit Rider (LIBR)

Automatically added to qualifying policies. When activated (ages 60–85, policy in force 10+ years), converts your cash value into a guaranteed income stream that cannot be outlived — monthly, quarterly, or annually. 0.65% monthly charge only when income is activated.

CASH VALUE
// Cash Value Access

Three Ways to Use Your
Cash Value While You Live

The cash value you build inside Living Life Defender is yours to access. You decide how — and when.

💸

Withdrawals

Take cash directly from your accumulated value. Up to the basis paid in, withdrawals are generally not taxable. Note: withdrawals reduce cash value and may require additional premiums to keep the policy active.

🏦

Policy Loans

Borrow against your cash value with no credit check, no approval process, and no repayment schedule. Under current tax law, policy loans on individually-owned policies are generally not treated as taxable income.

♾️

Lifetime Income Rider

Activate the LIBR between ages 60–85 and convert cash value into a guaranteed income stream you cannot outlive. All premium payments stop; your policy stays in force. Payments can be level or increasing.

📍 Real Example — NJ Client

Elena, 44, Business Owner, Bridgewater NJ

Pays $350/month into Living Life Defender. At year 20 she has approximately $85K in accessible cash value. She takes a $40K policy loan — tax-free, no repayment deadline — to expand her business. Her death benefit still pays out to her heirs. When she retires, she activates the Lifetime Income Benefit Rider for a guaranteed monthly income she cannot outlive. The policy continues protecting her family throughout.

RETIREMENT STRATEGY
// Tax Strategy

The Tax-Free Layer
High Earners Are Adding to Their Plan

It's not just about how much you accumulate — it's about how much you keep after taxes. Living Life Defender fills the tax-free tier that most retirement plans miss.

Pre-Tax Traditional IRA  ·  401(k)  ·  Qualified Plans
Tax-Deferred Annuities  ·  Non-qualified savings
Tax-Free Roth IRA  ·  Living Life Defender cash value
After-Tax Private savings  ·  CDs  ·  Brokerage
  • No contribution limits — unlike Roth IRA ($7,000/yr cap), you can put $1,000 or $10,000/month into Living Life Defender
  • No income limits — Roth IRA phases out at ~$161K income; this policy has no income ceiling
  • No RMDs — unlike a 401(k), there are no required minimum distributions at age 73
  • Tax-free access — policy loans under current tax law are not treated as taxable income on individually-owned policies
  • 1 in 4 people aged 65 today will live past 90 — the LIBR guarantees income you can't outlive

Policy loans and withdrawals reduce cash value and death benefit and may result in a taxable event. The ability to accumulate sufficient cash value depends on premium amounts, index performance, and policy charges. Consult your tax advisor.

COMBO MULTICHOICE — BUSINESS USE
// Business Applications

Protection for Your Business
Not Just Your Family

The Combo MultiChoice Rider extends Living Life Defender into a powerful business planning tool — buy-sell agreements, key person coverage, executive compensation, and collateral assignment.

🏠

Mortgage Protection

Add yourself and spouse under Combo MultiChoice. If a wage earner dies, the death benefit covers the mortgage. If illness strikes, ABRs provide funds while still alive — preserving the primary death benefit for heirs.

🤝

Buy-Sell Agreements

Cover multiple business owners affordably. The policy can be owned by the business itself. Lock in insurability now and convert to individual Living Life Defender policies as business structures evolve.

🔑

Key Person Coverage

Protect business continuity for employees critical to operations — especially those who travel frequently. Option to convert to Living Life Defender as the employee's needs grow with their career.

👨‍👩‍👧

Adult Children

Young adults often can't afford or don't prioritize life insurance. Combo MultiChoice adds them affordably — locking in their insurability and providing a clear conversion path to their own policy.

🏢

Executive Compensation

Offer select employees Living Life Defender — augmented with term coverage for spouses — as part of a benefits package. Supports succession planning and helps retain top talent.

📋

Collateral Assignment

Financial institutions requiring borrowers to carry life insurance? Combo MultiChoice provides the required death benefit protection at a lower cost than purchasing a standalone term policy.

FAQ
// Questions & Objections

Questions Clients Ask
(And How to Think About Them)

How is this different from a regular IUL?
Most IUL products separate living benefits as paid riders. Living Life Defender includes all five Accelerated Benefit Riders — Terminal Illness, Chronic Illness, Critical Illness, Critical Injury, and Alzheimer's — at no additional premium cost. The Fertility Journey Rider and Extended Hospital Stay Benefit are also automatically included free. That's the PFA/NLG exclusive advantage.
Won't I lose money in a down market?
No — the 0% floor protects your cash value from index losses. If the S&P 500 drops 38% like it did in 2008, your credited rate is 0%, not –38%. You don't participate in market losses. You also don't directly own any stocks — the index is simply the measuring stick for how much interest gets credited to your cash value.
I'd rather max my 401(k) and invest the rest in index funds.
That's a solid strategy — and you should do both. Living Life Defender fills a different role: it's the protected, tax-free layer. A 401(k) forces RMDs and taxes income in retirement. Index funds can drop 40% in the year you retire (sequence-of-returns risk). Living Life Defender provides downside protection, tax-free access via loans, and a permanent death benefit — things index funds don't offer. It's diversification of risk and tax treatment, not competition with your investment accounts.
Can I really access my death benefit while I'm alive?
Yes — that's what Accelerated Benefit Riders are designed for. If you suffer a qualifying terminal illness, chronic illness, critical illness, critical injury, or Alzheimer's diagnosis, you can access a portion (up to policy limits) of your death benefit to use for any purpose — medical bills, home modification, travel, living expenses, or anything else. Receipt of ABR benefits reduces the remaining death benefit and cash value.
What happens if I can't pay premiums one month?
Living Life Defender is a flexible-premium IUL — meaning premium payments can adjust with your income. The Guaranteed Flex Rider protects you by guaranteeing the policy stays in force for 10 years, provided minimum premiums are met. For longer guarantees, you can extend to 20, 30, or 40 years. The policy also has a cash value that can cover policy costs in tight months, though sustained underfunding can cause a lapse.
How is a policy loan tax-free? That sounds too good.
When you borrow against your policy's cash value, you're not withdrawing taxable income — you're taking a collateralized loan using your cash value as security. Under current U.S. tax law, loans from individually-owned life insurance policies are generally not treated as taxable income. If the policy lapses with an outstanding loan, taxes may be due. This is why proper funding and policy management matters — which is exactly what an illustration and ongoing review with your producer is for.
CTA
// Next Step

Get Your Personalized
Living Life Defender Illustration

Every policy is custom-designed based on your age, health, income, and goals. A free illustration shows exactly how your cash value, death benefit, and living benefits would work for your specific situation.

Eugene Jaworski  ·  NJ Life Insurance Producer #3001209553  ·  PFA / National Life Group  ·  YourGardenStateAgent.com

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