Single premium whole life

Wherever life takes you, we will be there

Permanent life insurance provides lifelong protection. This type of protection provides a saving element that accumulates cash value overtime and a guaranteed death benefit. 

Who should consider purchasing SPWL?

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

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