The FCSU's 20 Payment Whole Life Policy can be very attractive alternative to the OrdinaryWhole Life policy. Owners of the FCSU's 20 Payment Life plan pay premiums for only 20 years, and then own their paid-up policies. Cash value continues to grow even after you stop making premium payments. Cash value grows faster than with Ordinary Whole Life policies. Riders for Accidental Death Benefit and Waiver of Premium can be added.
Dividends begin when declared .
Dividends are not guaranteed. It's a way for you to offer any child, from infancy to age 24, a significant amount of Term life insurance with the guaranteed ability to convert that Term coverage into a permanent life insurance contract. Here's how JEP works. At conversion the JEP certificate holder can select the type of permanentinsurance plan he or she prefers. The earned conversion credits will be applied to lower the new policy's first year premium.