About The Balanced Program®
Over
50
years in business
Over
$5B
of life insurance in force
In
29
states
Ozark National Life began in 1964. By 1969 we began to market our new product — The Balanced Program®. At that time, we were convinced that The Balanced Program® would revolutionize the life insurance industry. We are even more convinced of that today. By combining a mutual fund investment with the coverage of a life insurance policy, The Balanced Program® provides the potential for growth and protection which neither product could provide alone.
The Balanced Program® is designed to provide for your future in the event of a long life, a premature death or a disability. Through the correlated sale of life insurance and mutual fund shares, The Balanced Program® can provide you with the guarantees of a life insurance policy together with the potential for growth through periodic investments in a mutual fund.
In the event of a long life, the life insurance policy accumulates cash values which are guaranteed. Additionally, potential growth is made possible through periodic investments in your mutual funds. Your mutual funds can be set up as a non-tax qualified account, a Roth IRA account, or an IRA account.
If you become disabled while covered by The Balanced Program’s® total and permanent disability rider, the insurance protection will make periodic investments in your mutual fund account to meet your scheduled investments for as long as you remain disabled. In other words, the life insurance component will ensure that your intended investments are made, even if you become unable to work because of disability.
Additionally, the waiver of premium benefit provides for the payment of your life insurance premiums for as long as you remain disabled. Terms and conditions apply.
The Balanced Program® Features
1. Death
Modified Whole Life Insurance with a decreasing death benefit. Lump sum payment to beneficiary. Plan 287 includes an investment plan completion feature upon death.*
*Plan 287 only.
2. Disability Option
Ozark National Life will pay the fund investment and insurance premium in the event of a disability before age 60.
3. Guaranteed Cash Value
4. Mutual Fund Investment
For as long as you pay premiums on your policy, and the mutual fund accounts can be set up as a non-tax qualified account, a Roth IRA account, or an IRA account.
Likewise, if you die, Ozark National Life will pay your designated beneficiaries scheduled death benefit which with our plan 287 is designed to allow the immediate purchase of mutual funds to complete the investment portion of the program.
We hope after reviewing this site, you will be as excited about The Balanced Program® as we are.