PWAA WHOLE LIFE 2006
Whole Life insurance is a good choice for long-range goals.
Provides life insurance protection for entire lifetime. Offers
guaranteed, level premiums and guaranteed cash values. In addition
to building cash value another benefit is loan value. You do not
need to give up your insurance if you are in temporary difficult
financial situation. You can borrow money from the cash value
you've accrued. The longer you have your policy, the more value
you build. The amount of your guaranteed cash value depends on
the kind of whole life policy you have, its size, how long you
have had it and if dividends are earned.
Dividends are not guaranteed. Dividends
are result when the actual life insurance costs turn out to be
less than was assumed in setting the premiums. The Board of Directors
must approve dividends.
Whole Life offers a guaranteed death benefit
that is payable to your beneficiaries as long as all premiums
have been paid when due.
Since premiums are level, the younger you
are when applying for a whole life policy, the less expensive
premiums will be.
PWA Whole Life policies are available to
anyone age 16 days old to 85(nearest birthday). The minimum face
amount is $3,000 and maximum $50,000.
We are offering Single Premium Whole Life,
10 Years Payment Whole Life and Ordinary Life. The differences
between those plans are how long you have to pay your premiums.
SINGLE
PREMIUM WHOLE LIFE (SPWL 2006)
With single premium life, you pay up in front all premiums due
for the full duration of policy. This requires only one payment
and doesn't involve risks that the policy can be canceled for
failing to make payments.
10
YEARS PAYMENT WHOLE LIFE (WL 10P-2006)
The premiums are payable for period of 10 years. After 10 years
policy is paid-up and cannot be canceled for failing to make payments
or any other reasons.
ORDINARY
LIFE (WL-2006)
The less expensive from all whole life plans, however premium
has to be paid for life. Premiums remain the same year after year.
EDUCATION
LIFE BUILDER 2006