Permanent Life Insurance from RLIC
Company Name: RiverSource Life Insurance Company (RLIC)
Insurance Product: Permanent Life Insurance
Permanent Life Insurance
RiverSource offers the following types of permanent - or cash value - insurance:
Universal Life Insurance
RiverSource Universal Life Insurance helps you control the way you save, spend and protect your savings.
RiverSource offers several flexible options:
RiverSource Foundations Protector
Help protect your money from market fluctuations with this secure, easily transferable permanent insurance.
RiverSource Foundations Protector - Estate Series
This solution offers the same benefits of RiverSource Foundations Protector, designed to cover $1 million or more.
RiverSource Foundations Universal Life
Enjoy the guarantee of permanent protection and stable cash-value growth with this flexible insurance solution.
RiverSource Foundations Universal Life - Estate Series
Protect savings of $1 million or more while enjoying steady, safe, cash-value growth
Note: Not all Universal Life Insurance products of RiverSource are available in all states.
Please visit universal life insurance flexible options by RiverSource for more information
Variable Universal Life Insurance
RiverSource Variable Universal Life Insurance offers the financial security of term life insurance combined with the flexibility of universal life insurance.
RiverSource offers several options on Variable Universal life insurance:
RiverSource Variable Universal Life IV
Take advantage of a secure death benefit while accumulating tax-deferred savings toward education or other long-term goals.
RiverSource Variable Universal Life IV-Estate Series
Designed to help meet coverage needs of $1 million or more, this series offers benefits similar to the RiverSource Variable Universal Life IV policy.
RiverSource Single Premium Variable Life Insurance
Enjoy tax-deferred growth and increase the amount of income tax-free wealth available for transfer to your beneficiaries.
Not all Variable Universal life insurance products of RiverSource are available in all states.
Please visit variable universal life insurance by RiverSource for more information.
Whole Life Insurance
Issued by RiverSource Life Insurance Company and RiverSource Life Insurance Co. of New York
RiverSource Whole Life Insurance helps you accumulate cash value during your lifetime. So if you pass away before you reach your financial goals, there’s money to help fulfill your financial responsibilities. You pay premiums on a regular basis, and part of the money is put toward a fixed-rate account that builds cash value.
Whole life can offer:
- Cash value that systematically grows at a fixed rate of return - tax deferred.
- Lifetime coverage with a relatively low, guaranteed, fixed premium.
- Access to cash value.
- The ability to help keep your protection in force even if you’re unable to make premium payments by applying the cash value as payment. Please note that excessive loans and withdrawals of the policy’s cash value may cause the policy to lapse.
Please visit Whole Life Insurance by RiverSource for more information
“Second-to-Die” Life Insurance
If you’re looking for an estate-planning strategy, this type of permanent life insurance may be appropriate for you. It can also be helpful for those looking to pass along their business to successors. A second-to-die policy insures your life and one other, and the death benefits are paid after the second death.
RiverSource offers several options on “Second-to-Die” Life Insurance:
RiverSource Succession Protector
RiverSource Succession Protector Estate Series
RiverSource Succession Select Variable Life Insurance
Please visit “Second-to-Die” Life Insurance for more information
A.M. Best Rating’s for RiverSource Life Insurance Company
Financial Strength Ratings
Rating: A+ (Superior)
Affiliation Code: g (Group)
Financial Size Category: XV ($2 Billion or greater)
Outlook: Stable
Action: Affirmed
Effective Date: February 26, 2007
Issuer Credit Ratings
Long-Term: aa-
Outlook: Stable
Action: Affirmed
Date: February 26, 2007
For more information on Permanent Life Insurance and also for other insurance product offered by RiverSource please visit http://www.riversource.com/