Best Performing 10 Pay Whole Life Products for Death Benefit: 2015 Edition

Last week we revealed results of our 10 pay whole life comparison for cash surrender value and this week we have the results comparing the death benefits of various 10 pay whole life products.

The comparison uses data collected from the same policy proposals used in the cash value comparison. Male and female ages 45 and 55 with preferred risk class. Internal rate of return is calculated on the premium derived using a $1,000,000 initial death benefit.

best performing 10 pay whole life products


We continue to be impressed by MetLife and Ohio National in the 10 pay whole life insurance space. They compared very favorably both last week and a few years ago when we made a similar, but much smaller scale comparison.

Also worth noting is Penn Mutual’s projected performance in this comparison. We’ve had plenty of positive things to say about their whole life product in the past, and their new product allows them to enter the bona-fide 10 pay market looks very good against the competition.

Again it’s hard to declare a definitive winner, and the breakdown of winners and losers mostly follows the same breakdown as last week in the cash value comparison .

There is, however, one company that placed first or second in almost every comparison. And it’s for this reason as well as the wide availability of their product and well-respected place in the life insurance industry that we give MetLife the nod for the winners circle on this one—congratulations to Snoopy!

3 thoughts on “Best Performing 10 Pay Whole Life Products for Death Benefit: 2015 Edition”

  1. You should write an article on the collapse of Guardian. Their 10 Pay used to be their best product and now they are at the bottom of cash and death benefit.

    • I wouldn’t suggest they are collapsing. They’ve pulled back from their focus on life insurance for cash value for newer products, their older products are still performing quite well (speaking from personal experience). Part of the problem for a carrier like Guardian is the incessant focus on credit ratings. The company definitely takes operational cues from what major crediting ratings agencies suggest would either reinforce a current rating or possibly improve and Guardian feels that it will lose significant stature among Northwetern, New York Life, and MassMutual if it faces a downgrade or negative outlook on a rating.

  2. Dan, remember, these are projections!!! we will see who is best 10/20 years from today. You might want to stop selling on projections…just saying


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