Products & Services

For more than 100 years, Western Fraternal Life Association has been helping its members realize their dreams, reach their financial goals, protect their loved ones, and enrich their lives. wfla has achieved this success through exemplary service and superior products.

ANNUITIES

Western Fraternal Life Association offers three types of annuity certificates to meet the needs of its members.

Flexible Payment Deferred Annuity: A fixed-rate, flexible purchase payment deferred annuity available for the qualified and non-qualified markets. Earnings on the amount in the annuity accumulate on a tax-deferred basis and members may access funds through withdrawal privileges.
Single Payment Deferred Annuity: A fixed-rate, single purchase payment deferred annuity available for the qualified and non-qualified markets. Earnings on the amount in the annuity accumulate on a tax-deferred basis and members may access funds through withdrawal privileges.
Single Premium Immediate Annuity: A fixed income, single lump sum premium, immediate annuity. It is available for both the qualified and non-qualified markets. Members can receive guaranteed income payments from a variety of income options.

PERMANENT LIFE INSURANCE

Western Fraternal Life Association offers five types of life insurance certificates.

Whole Life Insurance: A traditional dividend paying life insurance certificate that provides life-long insurance protection. It features guaranteed level premiums, guaranteed cash values and optional riders and benefits.
UltraLife Insurance: An interest sensitive life insurance certificate that provides life-long insurance protection. It features interest rates that are sensitive to the economy, guaranteed level premiums, guaranteed cash values and optional riders and benefits.
Single Premium Whole Life: A dividend paying life insurance certificate that provides life-long insurance protection. It features a one-time lump sum premium and guaranteed cash values.
First-To-Die Joint Whole Life: A dividend paying life insurance certificate that provides life-long insurance protection. It features insurance coverage on the lives of two people with the death benefit payable at the death of the first insured. It also features guaranteed level premiums, guaranteed cash values and optional riders and benefits.
Value Life: A life insurance certificate that provides life-long insurance protection for a fraction of the cost. It does not pay dividends or accumulate much cash value, but allows higher permanent protection and flexibility in premium payments.

TERM LIFE INSURANCE

Western Fraternal Life Association offers three types of term life insurance certificates.

5 Year & 10 Year Term: A term insurance certificate that provides insurance protection to age 70. It features premiums that are guaranteed renewable every five years or ten years to age 70, and is convertible to permanent insurance at any time prior to the certificate anniversary following the insured’s age 65, without proof of insurability. The plan also provides optional riders and benefits.
Term Life To Age 25: A term insurance certificate for children that provides insurance protection to age 25. It features attractively low annual or monthly premiums or a one-time single premium and insurance protection that is guaranteed convertible to age 25.
15, 20 or 30 Year Renewable Term: A term insurance certificate that provides insurance protection to age 95. It features an annual renewable term (ART) basis, after the original target payment period (TPP) has expired. This term is convertible to permanent insurance coverage at anytime prior to the (TPP) or the certificate anniversary following age 75, which ever comes first. The plan also provides optional riders and benefits including:

Cash Refund Rider: This is an optional benefit that may only be attached to a 15, 20 or 30 Year Term. The rider can be constructed to return all the premiums paid for the base term certificate plus all the premiums paid for the cash refund rider at the end of the (TPP) or any specified lesser amount.

RETIREMENT PLANS

Western Fraternal Life Association offers three types of retirement plans to meet the needs of its members. All retirement plans are funded with the use of annuities outlined above.

Traditional Individual Retirement Accounts (IRA's)
Roth Individual Retirement Accounts (Roth IRA's)
Tax Sheltered Annuities (TSA's)

* Note: For more information regarding any of Western Fraternal Life Association's products and services, please contact the Agency in your state (see the map on our Home Page, for the Agency Office nearest you), or contact our Home Office Marketing Department at 1-877-wflains.