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18-Yr Annuity Sav Plan

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20-Year Payment Life
Single-Premium Life
Ordinary Whole Life
20-Yr Annuity Sav Plan
18-Yr Annuity Sav Plan
Term to Age 60
Life Paid up at 60
Youth Savings Plan

 

18-Year Annuity Savings Plan

·        This is a Combination Life Certificate and an Annuity Savings Plan.

·        Premiums can be paid annually or in One Single Payment.

·        This certificate is Full Paid Up immediately under the Single Payment Option or in 18 Years under the Annual Premium Option.

·        The insurer receives $1,000 in 18 years PLUS the Paid Up Certificate remains in force.  (Based on each $1,000 of coverage).

·        The full-face amount is payable at death.  No reduced death benefits.

·        Guaranteed Cash Values build up immediately.  The annuity portion accumulates interest each year.

·        Annual dividends are paid and can be used to purchase additional paid up insurance, thereby increasing your coverage.

·        Rates are banded, the more you purchase – the lower the cost per $1,000.

·        Interest accumulation is tax deferred, as insurance is one of the few tax shelters left open by the Tax Reform Act.

·        This plan is recommended for insurance and savings for college.

·        DOUBLE INDEMNITY ACCIDENTAL DEATH BENEFIT AVAILABLE.
                 
Issue Ages 18 thru 55
        Annual Premium $1.20 per $1,000
               
Monthly Premium $.10 per $1,000

 

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