Our term insurance policy may continue throughout your life to age 100 if you so desire. Requires fixed-level premiums during your life in exchange for a previously determined amount of money that will be paid in case you die or the policy matures. This product is non-participating and offers you lower guaranteed level premiums. This policy also combines death benefits with cash values. The premium rate is guaranteed for life.
Excess value is credited each year when approved by our board of directors.
These excess credits are based on our past experience and upon our outlook for the near future. Credits may be used to reduce premium, be paid to you in cash or be used to buy paid up additional insurance. Annuities, like life insurance, are a form of financial security. But, unlike traditional life insurance that pays when you die, annuities pay while you live. People buy annuities from life insurance companies to provide continuing income, usually made in monthly payments.