Life Protector

Life Protector

Life Protector is a whole life insurance policy. The primary purpose of this policy is to provide a death benefit that will be there when your family needs it.

Life Protector Offers:

  • Guaranteed Level Premium
  • Guaranteed Cash Value
  • Guaranteed Death Benefit

Ideal for People Looking for:

  • Permanent life insurance protection
  • Premiums that never increase, regardless of age or health
  • Changes in interest rates do not affect your premium payments
  • Policy cash values grow tax-deferred until received
  • A death benefit paid to beneficiaries income tax-free
  • Flexibility of premium payments: monthly, quarterly, semi-annually or annually

Benefits and Riders:

Accelerated Death Benefit

Provides for the payment of accelerated death benefit using a portion of your life insurance benefits. These benefits are paid to the owner while the insured is living, provided that you qualify for them. This benefit is offered at no additional charge.

Disability Waiver of Premium

If you choose to purchase this additional benefit and you become totally disabled, we will pay the cost of your policy for as long as your disability continues, subject to policy provisions. This benefit makes sure that your coverage will continue in the event of your disability.

Children’s Term Insurance Rider

Provides for term insurance coverage on all of the insured’s children between 15 days and 18 years of age at the time of issue, or born to or adopted by the insured after the date of application. Coverage continues until each child reaches the age of 23. The term insurance can be converted to a permanent plan at each child’s 18th or 23rd birthday, for up to five times the original amount.

Accidental Death Benefit Rider

Provides for the payment of an extra death benefit in the event the insured dies as a result of an accident prior to age 70.