20-Year Annuity Savings Plan
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This is a Combination Life Certificate and an Annuity
Savings Plan.
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Premiums can be paid annually or in One Single Payment.
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This certificate is Full Paid Up immediately under the
Single Payment Option or in 20 Years under the Annual Premium Option.
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The insurer receives $1,000 in 20 years PLUS the Paid Up
Certificate remains in force. (Based
on each $1,000 of coverage).
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The full-face amount is payable at death.
No reduced death benefits.
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Guaranteed Cash Values build up immediately.
The annuity portion accumulates interest each year.
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Annual dividends are paid and can be used to purchase
additional paid up insurance, thereby increasing your coverage.
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Rates are banded, the more you purchase – the lower the
cost per $1,000.
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Interest accumulation is tax deferred, as insurance is one
of the few tax shelters left open by the Tax Reform Act.
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This plan is recommended for insurance and savings for
retirement.
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Accidental Death Benefit Available
Issue Ages 18 thru 55
Annual Premium $1.20 per $1,000
Single Premium $12.00 per $1,000
Rate Chart
PDF File
