Custom Product Series

A path to forward success

The Custom Product Series is built to offer you preneed products and solutions that address the long-term effects of inflation and shortfalls. In addition, it provides your families with solutions for all ages, regardless of their health or financial situation. With our Custom Preneed Advantage and Custom Preneed Index products:

  • Growth after issue starts on day 1 — no waiting, no delays.
  • The growth rate after issue is the same for all ages. We keep it simple.
  • Your growth is compounded and credited every day, making the most of our competitive growth rates.
  • Families can pay off their payment plans early, and within the first three months it's the same as cash.
  • We offer Electronic Funds Transfer (EFT) payments upon issue to make the prefunding experience easier for you and your families.
  • Claim payments can be direct deposited into your bank account.
 

Inflation Guard

Extra protection from rising costs.

Based on feedback from funeral home owners like you, we enhanced our products with Inflation Guard, the industry's first product to address shortfalls. Inflation Guard gives you additional growth crediting — lowering the burden on your funeral home while still allowing you to guarantee prices.

Two levels of protection are available, allowing you to choose the enhancement that best fits your needs.

FEATURE INFLATION GUARD INFLATION GUARD PLUS
Additional premium family pays for guaranteed goods and services 5.0% increase 10.0% increase
Additional growth rate for funeral home on guaranteed goods and services 0.5% increase 1.0% increase
   

Custom Preneed Advantage

Simple funding solutions for your families.

Custom Preneed Advantage provides funeral homes extra inflation protection early on with growth that starts day one and is compounded and credited daily.

 

Custom Preneed Index

Higher growth potential — with protection from market losses.

Custom Preneed Index is an equity-indexed product, ideal for funeral homes interested in the potential to earn a higher growth rate with no risk of losing money. This innovative product's growth rate is based on the interest rate and driven by the performance of the S&P 500® index. It features:

  • growth starting day 1
  • guaranteed growth rate for the first year
  • equity index-driven growth rate after the first year
  • growth compounded and credited daily

Like Custom Preneed Advantage, your block of business is invested in safe, solid fixed income investments, such as highly rated bonds. The growth rate for the money you earn during the first year is fixed. Then, for the second year and beyond, the growth rate is based on the S&P 500® index performance. Plus, it features a floor of 0% (to protect against losses) and a cap that resets every year to provide maximum opportunity for growth.

 

Custom Preneed Index Growth Examples*

This chart shows what growth rates could be earned based on various S&P 500® returns, and how Inflation Guard works with Custom Preneed Index.

PRODUCT

INDEX FLOOR

EXAMPLE INDEX CAP

INFLATION GUARD GROWTH**

S&P 500® 
-10.0%

S&P 500® 
-2.0%

S&P 500® 
2.0%

S&P 500® 
4.0%

S&P 500® 
15.0%

Index Advantage
0.0%
3.5%
0.0%
0.0%
0.0%
2.0%
3.5%
3.5%
Index Advantage with Inflation Guard
0.0%
3.5%
0.5%
0.5%
0.5%
2.5%
4.0%
4.0%
Index Advantage with Inflation Guard Plus
0.0%
3.5%
1.0%
1.0%
1.0%
3.0%
4.5%
4.5%
 

*Custom Preneed Index growth examples are not intended to reflect future percentages and are subject to change.
** Inflation Guard and Inflation Guard Plus on guaranteed goods and services only.

Underwritten by Physicians Life Insurance Company; not available in all states. Products and features are subject to change and may vary by state

The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("SPDJI"), and has been licensed for use by Physicians Life Insurance Company. Standard & Poor's®, S&P® and S&P 500® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Physicians Life Insurance Company. Physicians Life Insurance Company's life insurance product is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.