Guaranteed Death Benefit that cannot be negatively affected. And yes, it can be a non-MEC!

A NO-OBLIGATION, FREE CONSULTATION AND AN INSTANT QUOTE

Single Premium Whole Life Insurance

How does Whole Life Insurance work?

Single premium whole life insurance offers Guaranteed Death Benefit that cannot be negatively affected. And yes, it can be a non-MEC! Dividends will accumulate overtime and provide enhanced cash values and death benefit. Call 1.866.526.7264 for details.

Guaranteed No-lapse Protection that keeps the single premium life insurance active until the age of 121.

You will never have to pay another premium. These are available as participating and non-participating whole life plans. Subject to state availability.

It is very important to custom-design a whole life insurance plan to suit the needs and wants of our clients.

When to Use Single Premium Whole Life Insurance:
 
  • Estate Conservation and Family Protection:
    Guarantees liquidity to cover estate tax and protect the family from possible financial hardship.
  • Business Continuation:
    Guaranteed cash value, death benefit and premiums to finance business needs.
  • Charitable Giving:
    Increased ability to give larger charitable gifts to your favorite places of worship, non-profit organizations and universities.

EXAMPLE** 1:
A 55 years old healthy male if invests $203,485 in a single premium whole life (SPWL) insurance policy, his immediate death benefit* will be $500,000.That is a gain of $296,515 for his beneficiary.

EXAMPLE** 2:
A 55 years old healthy female if invests $179,200 in SPWL policy, her immediate death benefit* will be $500,000.That is a gain of $320,800 for her beneficiary.

This is a slam dunk plan. Can’t be simpler than that.

*Under the current tax code, death benefit proceeds go income tax-free. **Subject to underwriting, age, and state availability.

ISSUE AGE: 0-85 years
MATURITY AGE: 121
MINIMUM FACE AMOUNT: $10,000
CASH VALUES: Yes

PLANS WITHOUT ANY MEDICAL EXAM ARE ALSO AVAILABLE

Elderly couple

If tax-deferred cash values and a lifetime of coverage are important to you, then single premium whole life insurance is an excellent option to consider.

Mostly, when you pay a single payment to buy life insurance, it becomes a modified endowment contract (MEC). But there are ways to make the single premium whole life insurance plans non-MEC. If you are seriously considering a single pay whole life plan, give a us a call at 1.818 808 0090.

Life insurance rates

REAL TIME LIFE INSURANCE RATES | CALL 1.866.526.7264 FOR WHOLE LIFE INSURANCE RATES

LIFE INSURANCE RISK RATING

Preferred Plus : You are in excellent health; take no medications; normal height and weight besides a few other factors.

Preferred: Excellent health; blood pressure or cholesterol under control with medication. No history of smoking in the last two years besides other factors.
Standard Plus and Standard: Now you are getting into serious health conditions and other factors. From here on, it is a downward journey.