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Custom Guarantee®


When it comes to protecting your financial future, Custom Guarantee universal life insurance is a product that offers guaranteed death benefit protection.1 Today, more than ever, death benefit guarantees are important to help you feel confident in your family's financial future.

Product Highlights:

  • The ability to have guaranteed death benefit protection up to age 120 with no premiums payable after age 100 (see consumer brochure for complete details on the extended no-lapse guarantee feature).1,2
  • Flexibility to adjust the time and amount of premium payments.
  • Access to a portion of the death benefit to help cover the cost of an unexpected illness.3

By selecting life insurance from North American, you may have the option to submit your insurance application through a secure on-line process that can help get your insurance application processed quicker.

Help give your family financial protection, flexibility, and control with Custom Guarantee.

Download the brochure to learn more about North American's Custom Guarantee, or contact your North American representative.

1 Coverage is guaranteed for 5 years for all issue ages provided the 5-year no lapse guarantee premium requirement is met. If you do not meet this requirement significantly higher premiums may be necessary to keep the policy in effect. Paying a premium that is equal to, but not greater than the 5-year no lapse guarantee premium will keep the policy in effect but may result in a negative or zero account value. By paying only the 5-year no lapse guarantee premium you may be forgoing the opportunity to build more cash values.

2 After the 5-year no lapse guarantee period, coverage can be guaranteed to any age up to age 120 through the Extended No Lapse Guarantee. The Extended No Lapse Guarantee ensures that coverage will continue even if the policy's net cash surrender value is insufficient to pay the monthly deductions. This guarantee is provided as long as the sum of the premium guarantee accounts is greater than or equal to the policy debt. The Extended No Lapse Guarantee does not guarantee coverage during the 5-year no lapse guarantee period. The performance of the Extended No Lapse Guarantee is sensitive to the timing of premium payments. You should make sure your premium payments are made on time and consistent with your plan in order to keep the guarantee. By paying only the premium required to satisfy the Extended No Lapse Guarantee, you may be forgoing the opportunity to build more cash values. Restrictions may apply.

3 Subject to eligibility requirements.

Texas Consumers: Receipt of acceleration-of-life-insurance benefits may affect your, your spouse's or your family's eligibility for public assistance programs such as medical assistance (Medicaid), Aid to Families with Dependent Children (AFDC), supplementary social security income (SSI), and drug assistance programs. You are advised to consult with a qualified tax advisor and with social service agencies concerning how receipt of such a payment will affect your, your spouse's and your family's eligibility for public assistance."

Custom Guarantee is issued on policy form series LS170 or state variations by North American Company for Life and Health Insurance, Administrative Office, Sioux Falls, SD 57193. Product, features, riders, endorsements or issue ages may not be available in all jurisdictions. Limitations and restrictions may apply.

Permanent life insurance requires monthly deductions to pay the policy's charges and expenses, some of which will increase as the insured gets older. These deductions may reduce the cash value of the policy. Current cost of insurance rates and current interest rates are not guaranteed. Therefore, the planned periodic premium may not be sufficient to carry the contract to maturity. For costs and complete details, contact North American Company at (877) 872-0757.