COVID-19 Member Login Beneficiary Support Contact Us Careers Find a Rep About Us Financial Planning Our Products My Membership Home Our Products Life Insurance Life Insurance At Modern Woodmen, we believe life insurance is the foundation of planning. Affordable options for member families include term life insurance, plans specifically designed for children and young adults, and permanent life insurance plans that offer permanent solutions for permanent needs ... without permanent premiums. Explore your options Financial Planning Talk to your financial representative. Log in to the member website. Life Insurance Annuities Investments All Products Permanent insurance Term insurance Protection Lifelong.* Limited period of time.* Payments Higher initial premiums. Remain level throughout lifetime. Low initial premiums. Can increase annually or lock in for a specific term. Show more *Offers income tax-free insurance protection as long as premiums are paid. **Withdrawals are subject to ordinary income taxes to the extent of the gain. Whole life insurance Whole life insurance helps protect your loved ones, providing tax-free money when you die, not just if you die during a specified time period. You can get peace of mind, knowing that your family is protected, and you can take advantage of cash value and other living benefits to help you plan ahead – no matter what life brings. Benefits Permanent protection Immediate cash to pay for funeral costs, final expenses and other debts. Build value Accumulate cash value conservatively and systematically over time. Use cash for any reason you choose. Living benefits Plan ahead for future care with the help of optional riders. Leave a legacy Offset future tax burden and help keep money in the family. Options My Whole Life® MyLife Protector® Protection A Family Tradition Universal life insurance Universal life insurance is a kind of permanent life insurance coverage that provides flexible protection and cash accumulation that you can adjust as your needs change. Benefits Affordable protection Universal life can provide permanent protection that’s often at a lower cost than traditional whole life plans. Flexibility Adjust the timing and amount of your premiums and adjust the death benefit (within certain limits) as your needs change, all within one plan of insurance. Cash accumulation Some plans allow you to accumulate extra funds, tax-deferred, at a guaranteed minimum interest rate. Guarantees Some plans offer options to keep the death benefit in force, even if interest rates decrease after the plan is issued (provided enough premiums are paid on time). Options MaxCL II® MaxCL Pro II® Protection For the Love of the Team Term life insurance No one expects to have a fatal accident, get sick or die too soon, but what if? What if those who depend on your income no longer could? Term life insurance can be an affordable way to get the protection you need to keep your family, your business, and your hopes and dreams alive. With term life insurance, your beneficiaries receive income-tax free money if you die during the term period – without the delays and expense of probate. Benefits Guaranteed death benefit Insurance coverage is guaranteed as long as premiums are paid. It’s a great way to protect future insurability. Guaranteed level premiums Lock in premiums for 10, 15, 20 or 30 years. (Premiums increase at the end of your selected term period.) Guaranteed convertibility Your needs change as your life changes. You can convert all or a portion of your death benefit coverage to a permanent plan of insurance – without medical evidence, blood tests or questions asked. Return of premium options With pure term insurance, you pay a premium and receive a death benefit if you die during the coverage period. With the return of premium rider, you can get your premiums back if you outlive the term contract. Options MyLife Term® MyLife Foundation® Protection Peace of Mind for New Parents All guarantees are backed by the claims-paying ability of Modern Woodmen. The payment of dividends is not guaranteed as the assumptions on which they are based are subject to change. Actual results may be more or less favorable. Loans and withdrawals taken against a permanent plan will reduce the death benefit and may result in a taxable situation. Consult your tax advisor if you have questions about your situation. Universal life plans provide life insurance coverage provided sufficient premiums are paid. The duration of coverage will depend upon the amount, timing, and frequency of premium payments, interest credited, monthly deductions, and any loans or withdrawals. The premiums paid may need to be increased to keep these certificates in force. The above-mentioned plans and riders are issued on certificate forms ICC18 MYWL, ICC18 SPMYWL, ICC19 MYLP, ICC19 SPMYLP, ICC19 UL, ICC19 ULPRO, ICC19 MYLT, ICC19 ROP, ICC19 MYLFT-30, ICC19 SPMYLFT-30 or a state specific variation where applicable. The addition of riders is optional and may result in additional premium. Additional underwriting may be required. State variations may apply. Products and riders may not be available in all states. Members with stories like yours Protection Brian and Jennifer’s story A Family Tradition Modern Woodmen member passes on belief in life insurance to daughter. Read the full story Morgan Lavender FINANCIAL REPRESENTATIVE Let's plan together for ... Life's moments Protection Savings Retirement planning Retirement distribution Estate planning Business planning Employee benefits Life's moments Select a financial goal from the drop-down menu to find helpful tips and articles. Your financial representative Meet a Modern Woodmen representative in your community and begin to explore how shared values can work for you. Find a rep near you Connect with us Need help? Contact us Phone: 309-558-3077 or 800-447-9811 Member login How we use your information Notice of collection for California residents Looking for a meaningful career? Grow with Modern Woodmen! As a financial representative, you can make a positive impact for your family and your community. Learn more © 2021 Modern Woodmen of America. All Rights Reserved. Terms of Use | Your Privacy | ONLINE PRIVACY POLICY How We Use Your Information Notice of Collection for California Residents MWA Financial Services Inc. Securities offered through MWA Financial Services Inc., a wholly owned subsidiary of Modern Woodmen of America, 1701 1st Avenue, Rock Island, IL 61201, 309-558-3100. Member: FINRA (opens in new tab), SIPC (opens in new tab). Check the background on either the firm or the representative on FINRA's BrokerCheck (opens in new tab). For more information, see the MWAFS Best Interest page. Products are available in most states. Individual representatives may not be licensed to sell all products.