Web Application Chapter 12 page 523

Howard and Bona Pai own and operate Howie's Snacks. They are both in their early forties and have one daughter. The Pais want to know what type of insurance protection will best meet their needs. Bona decided to look up information on the Internet before going to talk with an insurance agent. She started her search at www.cna.com. From there she selected Products and Services. After reading some information at this site, she was impressed with CNA Life Insurance. From www.cna.com/cna/html/p-_lif_insurance.html, select Universal Life and answer the following questions.

1. What universal life insurance policy offers extensive no-lapse guarantees and can be coupled with term riders to offer increased coverage at lower premiums?

2. Explain what an Estate Saver 2000 policy has to offer.

3. What type of universal life policy offers life insurance coverage with special investment options for your cash value?

Include the date of the information in your answer.

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