Whole Life Insurance:

Life insurance that is kept in force for a person's whole life as long as the scheduled premiums are maintained. All Whole Life policies build up cash values. Most Whole Life policies are guaranteed as long as the scheduled premiums are maintained. The variable in a whole life policy is the dividend which could vary depending on how well the insurance company is doing. If the company is doing well and the policies are not experiencing a higher mortality than projected, premiums are paid back to the policyholder in the form of dividends. Policyholders can use the cash from dividends in many ways. The three main uses are: It can be used to lower or vanish premiums, it can be used to purchase more life insurance (if you qualify) or it can be used to pay for term insurance.

Either a $7,500 or $10,000 Final Expense Policy is a Whole Life insurance policy that provides a way to help ease the financial burden of expenses incurred at the insured’s death.

Advantages of Planning Ahead

Many individuals are making the decision to arrange for the funding of final expenses before the need arises. This planning may:

• Provide you with peace of mind.
• Allow you to pass your other assets on to your loved ones and still have the funeral you would like.
• Reduce the number of financial decisions your loved ones have to make at a stressful time.

Our Final Expense Policy can assist in covering costs such as:

• Burial plot
• Funeral home professional charges
• Cremation charges
• And many other costs associated with final expenses including marker, stone, vault and casket.

Benefits of a Final Expense Policy

• There is no excluded period for death due to sickness or injury.*
• Premiums are guaranteed never to increase.
• Cash values grow throughout the life of the policy. You may borrow cash surrender values during your lifetime. Policy loans reduce the death benefit.
• You choose between monthly or annual premium payments.
• This policy is eligible for dividends. You can choose between several dividend options, including an option that provides additional life insurance. Dividends are not guaranteed.

*The death benefit may be limited for material misstatements on the application or suicide. See policy for exact terms and conditions.

NOTE: This policy does not guarantee that its proceeds will be sufficient to pay for any particular services or merchandise at the time of need or that services or merchandise shall be provided by any particular provider. This brochure contains a general description of coverage. A complete statement of coverage is found only in the contract. See policy for exact terms and conditions.

A life insurance policy covering a mortgagor from which the benefits are intended to pay off the balance due on a mortgage upon the death of the insured. The one way to accomplish this is through level term life insurance.

Here's How it Works:

• Out of each premium payment, a 5% expense charge is deducted. The balance is added to the policy account value.
• The account value earns interest. The rate of interest is determined by the Company and will vary from time to time depending upon the Company’s investment experience, but it will never be less than 4%. Interest is added each month.
• The cost of life insurance, rider charges, and a $5 fixed expense charge are deducted from the account value each month.
• Premiums may be increased or decreased by you, subject to certain conditions.
• The amount of insurance may be increased, subject to evidence of insurability, or decreased subject to minimums.
• Withdrawals may be made from the cash surrender value. A withdrawal reduces the account value and the death benefit.
• There may be surrender charges at the time of surrender or withdrawal. The cash surrender value is the account value less surrender charges.
• The insurance company intends, but does not guarantee, to administer this policy as an "exempt life insurance policy" for federal income tax purposes. In the future, they may have to make changes to the policy or limit your premiums to accomplish this.

Two Basic Coverage Options

Option I Level Death Benefit

The death benefit consists of life insurance and the account value. As the account value increases, the amount of life insurance decreases. The death benefit remains level unless regulations require an increase by you to maintain a minimum amount of life insurance.

Option II Increasing Death Benefit

The death benefit consists of life insurance and the account value. The amount of life insurance remains constant. The total death benefit increases as account value increases.

Optional Coverages

• Accidental Death - pays an additional amount if death results from an accident
• Guaranteed Insurability Option - guarantees the right to increase the basic amount of life insurance without medical exam and regardless of health or occupation at ages 17, 22, 25, 28, 31, 34, 37, 40, 43, 46 and 49. When the insured marries or becomes a parent the next available option date may be advanced (available only if Waiver of Monthly Deduction is included).
• Waiver of Monthly Deduction for Disability - The cost of life insurance, rider charges and the $5 fixed expense charge are waived during total disability beginning before age 60 and lasting 6 continuous months.
• Family Coverage - Term life insurance on the insured’s spouse and children can be included, subject to evidence of insurability.

This example is designed to show the flexibility of a Universal Life Policy and its value to you whether you live or die. The guaranteed interest rate of 4% is used in this example. The current interest rate is subject to change at any time but is guaranteed to be at least 4%. With the account value in the example below earning the guaranteed rate of 4%, the policy would terminate at age 70.

BE PREPARED...START YOUR UNIVERSAL LIFE INSURANCE PLAN TODAY!

Home Owner's Insurance | Fire Insurance | Auto Insurance | Life Insurance

Condo/Renter's | Business/Home Based | Cottage/Recreational | Disability/Critical Illness