background
Facebook

For more information call the Polish National Alliance Toll Free at 1-800-621-3723 or contact your local Sales Representative

Who should consider purchasing SPWL?

While the advantages of an SPWL certificate make it appropriate for many different ages and situations, there are several groups who should strongly consider purchasing an SPWL certificate.

  • Those who desire to maximize their wealth transfer and minimize tax impact on beneficiaries.*
  • Children. SPWL can provide a child with lifetime insurance protection which has an increasing cash value.
  • Individuals who want to make a substantial bequest to a church, school, or other charity.
  • Anyone who desires lifetime insurance with one single premium.

How does SPWL compare?

There are many options available when it comes to placing your money where it will be most beneficial for you and your family. You may have funds at a bank in a passbook account or a CD. Perhaps you have a money market account or even an annuity. It’s important to investigate how these options compare to SPWL. Consider the table below.

SPWL gives you the ability to increase the amount of money you leave to your heirs, provides income tax advantages*, and allows you to control your money during your lifetime. It may well be the one product that will satisfy your multiple needs.

SPWL Passbook Savings CD Money Market
Market Guaranteed Death Benefit Yes No No No
Transfers To Beneficiaries Income Tax Free* Yes No No No
Tax Deferred Accumulation Yes No No No
Provides Membership & Fraternal Benefits Yes No No No
Eligible For Creditor Exemption Yes No No No

*Consult your tax advisor