Term Series 160 Product Guide

IU-6464420.1 (3/24) (Exp 3/26)

For Financial Professional Use Only

Not for Distribution to the General Public

SM

®

Introducing Term Series 160

(ART)

Level term products (Term 10, Term 15 & Term 20), ART and TermOne

will be issued by Equitable

Financial Life Insurance Company (Equitable Financial) in all jurisdictions. TermOne

is also issued

by Equitable Financial Life Insurance Company of America (Equitable America) in all jurisdictions

except New York and Puerto Rico.

At-a-Glance | Term Series 160

Living Benefits (Accelerated Benefits) Rider (LBR)

The Living Benefits Rider (Accelerated Death Benefit for Terminal Illness) allows the policy owner

to receive a portion of the policy’s Death Benefit if the Insured is diagnosed as terminally ill with

Availability - LBR

Cost - LBR

There is no charge for this rider at issue; however, we may deduct a processing charge of up to

adding this rider after issue.

Compensation - LBR

There is no commissionable component for this rider.

Premiums | Term Series 160

The basic annual premium is calculated using the traditional premium formula. The formula takes

class and tobacco user status, multiplies the rate by the number of thousands of face amount, and

then adds the annual policy fee. Premiums for riders, substandard flat extra premiums and other

temporary and/or permanent flat extras are added to the basic premium to arrive at the total

required minimum face amount for the product is met.

ART 10% Discount for 1

Year Premium in Annual Mode

For the Level Term products, substandard extra premiums for the initial guaranteed period are

based on the insured’s issue age. Substandard extra charges after the level term period expires

are based on the insured’s attained age and do not vary by product. For the level term products,

the substandard class extra premium rates are payable to the greater of the policy anniversary

nearest the insured’s age 80 or the end of the 10/15/20 year level premium period.

For Annual Renewable Term (ART) product, the substandard classes (B, C & D) extra premium

rates cease at the policy anniversary nearest the insured’s age 80.

ART is an indeterminate premium annual renewable term policy. The indeterminate premium

design uses two sets of premium rates: a set of Current Scheduled Premiums and a set of

policy year 3.

of the insured, as well as by face amount rate band.

Guaranteed Maximum Premiums

The Guaranteed Maximum Premiums are the maximum premiums Equitable Financial may charge.

The Guaranteed Maximum Premiums act as a “cap” on the Current Scheduled Premiums. The

Guaranteed Maximum Premium rates vary by attained age, gender and tobacco user status.

ART will use the current premium rates in policy years 1 - 3 as the guaranteed premium rates for

policy years 1 - 3.

The 80/20 Male/Female blend for unisex rates will be used for cases subject to ERISA

Policy Changes | Term Series 160

Rating Reduction

Generally, after the first policy year, the Insured may apply for a reduction in rating, subject to

underwriting approval.

The CTIR may be added to a policy after issue, subject to underwriting if the policy does not have

the DPW rider.

If declined by the owner at issue, the Living Benefits Rider (LBR) can be added later, subject to

underwriting approval.

Rider Terminations

Subject to our rules and the terms of the rider, the policy owner may submit a request to cancel

Policy Lapse | Term Series 160

end of the grace period.

If the insured dies during the 31-day grace period, a past due premium covering one policy month

is deducted from the Death Benefit payment.

Policy Reinstatement

Underwriting | Term Series 160

Backdating to Save Age

Classified Insurance

A small portion of the life insurance purchasing population has a medical history or condition that

poses a higher than average mortality risk. For these proposed insureds, classified insurance is

available, which can be a substandard rating classification and/or Flat Extra premiums specified by

the underwriter. Some proposed insureds are not insurable even with a substandard rating or flat

extra premium and must be declined.

Change in Underwriting Classification

A change in an insured person’s underwriting class (e.g., a change from Tobacco User to Non-

Tobacco User, reduction in substandard letter rating or removal or reduction of a permanent Flat

Extra) requires evidence of insurability satisfactory to Equitable Financial.

International Underwriting Program

Level Term products, Term 10, Term 15, and Term 20 are available for use in the International

Term products are available for use if there is foreign travel by U.S. Citizens and residents;

however, TermOne

insurance is disclosed or suspected as trip insurance. Certain restrictions apply regarding the

availability of ART for use in foreign travel situations. Please contact the Underwriting Department

for more details.

Smart Total Evaluation Program (STEP)

Term policies are eligible to participate in the Equitable Smart Total Evaluation Program (STEP).

L.I.F.E. Program – Life Insurance For Employees

Term Series 160 products are available for purchase under the L.I.F.E. Program.

Term Conversions | Term Series 160

that Equitable Financial may change the permanent products it makes available for conversion at

where your clients bought term insurance because of limited cash flow, it is important to remind

them of the opportunity to convert to permanent insurance when their financial situation

improves.

Term Conversion Provisions

Term 10, Term 15, and Term 20 may be converted to any permanent policy that is available at the

time of conversion subject to our rules then in effect as to plan, age and class of risk without

submitting evidence of insurability* before the earlier of the policy anniversary nearest the

insured’s attained age 70 and the 5

and 10

policy anniversary, respectively.

of 79 or younger ends on the policy expiration date. For TermOne

policies for an insured with an

issue age of 80+, there is no conversion privilege.

*Underwriting is required when adding certain riders if they were not issued or permitted on the

original Term policy, for example: Long-Term Care Services Rider (LTCSR), Disability Premium

Waiver (DPW), Children’s Term Insurance Rider (CTIR), Return of Premium Rider (ROPR), and Estate

Employer-Owned Life Insurance Income-Tax-Free

include detailed notice and consent rules, tax reporting requirements and limitations on

employees who can be insured under the life insurance policy. Similar rules apply to directors,

whether or not employees. Failure to satisfy applicable requirements will result in death benefits

in excess of premiums paid by the employer being includible in the employer’s income upon the

death of the insured employee (director). Notice and consent requirements must be satisfied

before the issuance of the life insurance policy or before any material change to an existing life

insurance policy that is treated as a new issuance of a policy under the law.

Please be advised that this document is not intended as legal or tax advice and is for Financial

Sales Support

The Life Sales Desk will provide support for basic product information. Premium quotes are

For Term Series 160 product documents as well as marketing support materials go to

Appendix A: Conversion of Flat Extras to Equivalent Rating Classes

Term Series 160 is issued in all jurisdictions by Equitable Financial Life Insurance Company, NY, NY 10105. TermOne®

Series 160 is also issued in all jurisdictions except New York and Puerto by Equitable Financial Life Insurance

Company of America, an Arizona stock company with its an administrative office located in Charlotte, NC. Term

Series 160 is distributed by Equitable Network, LLC (Equitable Network Insurance Agency of California, LLC in CA;

Equitable Network Insurance Agency of Utah, LLC in UT; Equitable Network of Puerto Rico, Inc. in PR) and Equitable

Distributors, LLC (NY, NY). When sold by New York state-based (i.e, domiciled) Equitable Advisors financial

professionals, Term Series 160 is issued by Equitable Financial Life Insurance Company.

Equitable is the brand name of the retirement and protection subsidiaries of Equitable Holdings, Inc. and its family