Another reason may be that group term life insurance has become a commodity since its introduction in 1911. And it's overshadowed today by a greater focus on retirement planning. These plans go beyond providing a death benefit to employees. They provide a valuable living benefit by utilizing favorable tax laws unique to life insurance. A Paragon Preferred plan allows participants the option to create investment earnings that are not subject to income tax while providing financial protection against an untimely death.
All investments have charges and fees, which are detailed in the prospectus.
This material is authorized for distribution only when preceded or accompanied by the current prospectuses, which contain more complete information, including charges and expenses. You should read the prospectuses carefully before investing. All rights reserved. WSS is the broker-dealer and the principal underwriter of Variable Universal Life contracts issued by Paragon Life Insurance Company.