The Balanced Program









Ozark National Life Insurance Company is pleased to present a unique opportunity - The Balanced Program®. Through a combination of life insurance coverage and mutual fund investments, The Balanced Program® is designed to provide for you future in the event of:

  • a long life
  • a premature death
  • a disability

The Balanced Program® is a modified whole life insurance policy where, after the first policy year, the policy holder makes periodic investments in a mutual fund. Unless you make special arrangements, only the amount with which you establish your mutual fund account will be invested for the first year. After the first year, Ozark National Life will forward an amount equal to approximately one-half of the basic premium to N.I.S. Financial Services to be invested in your mutual fund account with Pioneer Investments. Premiums are payable for the life of the insured or until coverage is discontinued.

The Balanced Program® is available to individuals who meet the underwriting requirements and are from age zero through age 75. Two different Balanced Programs® are available. Which program is appropriate for you depends upon your age when you initially apply.

Plan 287

The Balanced Program® Plan 287 is available to individuals who apply from age zero through age 50. Features of the Balanced Program® Plan 287 include:

  • Modified Whole Life Insurance with a decreasing death benefit. Lump sum payment to beneficiary and investment plan completion upon death;
  • Disablility Option: Ozark National Life will pay the fund investment and insurance premium in the event of a disablilty before age 60;
  • Guaranteed Cash Value;
  • Mutual Fund Investment: Investment contributions made for 25 years, and
  • The Mutual Fund Accounts can be set up as conventional, tax-deferred, or free from federal and state income taxes (with a Roth IRA).

Plan 295 and Plan 296

The Balanced Program® Plan 295 (smoker) and Plan 296 (non-smoker) are available to individuals who apply from age 51 through age 75. Features of the Balanced Program® Plan 287 include:

  • Whole Life Insurance with a level death benefit. Lump sum payment to beneficiary upon death;
  • Disability Coverage: Ozark National Life will pay the fund investment and insurance premium in the event of a disability before age 60. (However, to qualify, the insured must apply for disability coverage before age 56);
  • Guaranteed Cash Value;
  • Mutual Fund Investment: Investment contributions made for life;
  • The Mutual Fund Accounts can be set up as conventional, tax-deferred, or free from federal and state income taxes (with a Roth IRA);
  • Plan 295 and Plan 296 do not provide for completion of mutual fund investments in the event of disability after age 60 or death.

Past Performance Does Not Guarantee Future Results.  Mutual Fund Shares are subject to market risks. Their returns and principal values will vary, and shares may be worth more or less at redemption than their original purchase price.