The Stewardship Life Income
The Stewardship Life Income is a reversionary annuity--a
unique new life insurance product.
Reversionary Annuity... "[A] life insurance policy
conditioned on the survival of the beneficiary beyond the life
of the insured and payable to the beneficiary at a stated
amount per month or year so long as the beneficiary lives and
commencing with the death of the insured."*
A reversionary annuity is a life insurance policy that
provides a monthly income to the beneficiary on the death of
the insured.
The Stewardship Life Income is a patented, new life
insurance product. The patent for the product is owned
by The Baltimore Life Companies.
The Stewardship Life Income's unique features make it an
attractive solution for many personal and business
needs. The Stewardship Life Income offers premium and
benefit efficiency by combining key attributes of permanent
and term life insurance with a guaranteed lifetime monthly
income payout. Premiums are low in comparison to other
life insurance products providing the same or comparable
benefits. Premiums may be changed by the company after
the first contract year. The monthly income benefit is
guaranteed and can never decrease, and the beneficiary cannot
outlive the lifetime income.
*Handbook of Personal Insurance
Terminology, Levy, Michael H.; Farnsworth Publishing Company,
1968, p. 478
Source: The Baltimore Life Companies sales materials provided for use by
Independent Insurance Sales & Brokerage, Inc.
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