1Product issued by Pacific Life Insurance Company, policy form number ICC21 P21MSVL and ICC21 S21MSVL or P21MSVL and S21MSVL.
2For federal income tax purposes, life insurance death benefits generally pay income tax-free to beneficiaries pursuant to IRC Sec. 101(a)(1). In certain situations, however, life insurance death benefits may be partially or wholly taxable. Situations include, but are not limited to: the transfer of a life insurance policy for valuable consideration unless the transfer qualifies for an exception under IRC Sec. 101(a)(2)(i.e., the transfer-for-value rule); arrangements that lack an insurable interest based on state law; and an employer-owned policy unless the policy qualifies for an exception under IRC Sec. 101(j).
This material may not be used in Wyoming.
M Financial Holdings, Inc., through its wholly owned subsidiary M Insurance Solutions, Inc. (MIS), has collaborated with Pacific Life to develop a proprietary SVUL product. As the third-party administrator of this product, MIS is the primary point of contact for producers and customers, processing new applications, and servicing in-force business.
Pacific Life is a product provider. It is not a fiduciary and therefore does not give advice or make recommendations regarding insurance or investment products.
Not all investment options may be available in all VUL products. Please check your product prospectus for details.
This material must be preceded or accompanied by the survivorship variable life insurance product prospectus. Contact your life insurance producer or visit www.MFin.com for more information, including product and underlying fund prospectuses that contain more complete information about the M Vision and Pacific Life Insurance Company’s survivorship variable life insurance policy’s risks, charges, limitations, and expenses, as well as the risks, charges, expenses, and investment goals/objectives of the underlying investment options. Read them carefully before investing or sending money.
Pacific Life Insurance Company reserves the right to change or modify any non-guaranteed or current elements. The right to modify these elements is not limited to a specific time or reason.
M Financial is not an affiliated company of Pacific Life Insurance Company.
M VISION is a trademark of M Financial Holdings Incorporated.
Pacific Life Insurance Company is licensed to issue insurance products in all states except New York. Product/material availability and features may vary by state. Insurance products and their guarantees, including optional benefits and any crediting rates, are backed by the financial strength and claims-paying ability of the issuing insurance company, but they do not protect the value of the variable investment options. Look to the strength of the life insurance company with regard to such guarantees as these guarantees are not backed by the broker-dealer, insurance agency, or their affiliates from which products are purchased. Neither these entities nor their representatives make any representation or assurance regarding the claims-paying ability of the life insurance company. Variable insurance products and shares of Pacific Select Fund are distributed by Pacific Select Distributors, LLC (member FINRA & SIPC), a subsidiary of Pacific Life Insurance Company, and are available through licensed third-party broker-dealers.
Pacific Life Insurance Company’s Home Office is located in Newport Beach, California.
Pacific Life and M Financial, their affiliates, their distributors and respective representatives do not provide tax, accounting or legal advice. Any taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor or attorney.
Life insurance is subject to underwriting and approval of the application and will incur monthly policy charges.
Variable universal life insurance generally requires additional premium payments after the initial premium. If either no premiums are paid, or subsequent premiums are insufficient to continue coverage, it is possible that coverage will expire.
Every variable investment option has some degree of risk depending on what it invests in and what strategies it uses. While all variable investment options are subject to market risk, some investment options may be subject to greater volatility than others. The variable investment options are not FDIC insured or guaranteed. Before investing you should carefully read the applicable fund prospectuses.
This information is for general and educational purposes and not intended as securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. Information obtained from third-party sources are believed to be reliable but not guaranteed.
21-302
