Policie Types:
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Ordinary Life
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Premiums payable for life.
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Versatile Life ® LP1
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Single premium limited pay plan.
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Versatile Life ® LP3
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Limited pay plan in 3 years.
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Versatile Life ® LP5
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Limited pay plan in 5 years.
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Versatile Life ® Special 6
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Preferred risk, limited pay plan in 6 years for larger face amounts. Among the
most competitive on the market.
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Versatile Life ® LP7
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Limited pay plan in 7 years.
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Versatile Life ® LP10
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Limited pay plan in 10 years.
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Versatile Life ® Special LP11
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Preferred risk, limited pay plan in 11 years for larger face amounts. Among the
most competitive on the market.
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Versatile Life ® LP15
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Limited pay plans in 15 years. One of our most popular limited pay
plans.
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Versatile Life ® LP15 Joint Life
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Limited pay plan in 15 years covering two lives. A first to die plan.
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Versatile Life ® LP20
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Limited pay plan in 20 years.
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Versatile Life ® Increasing Benefit
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A limited pay level premium policy with premiums projected in 20 years with the
death benefit increasing 5% a year for 20 years causing the overall benefit to
double. This product is designed to keep life insurance protection comparable
with inflation.
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Versatile Life ®
Tri-Guard
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A limited pay plan with premiums payable for approximately 15 years which
provides an insurance amount three times the ultimate amount for 10 years or age
55, whichever is first; two times the ultimate amount years 11 through 20 or age
65, whichever is first; and the ultimate amount thereafter. Conversion of the
amounts being reduced are provided. The cost per thousand competes with annual
renewable term plans.
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