Permanent Life Insurance


Permanent life insurance is the first step to financial security. PRCUA offers a range of options, so you can find just the right plan to cover your family.

Traditional Whole Life (WL)

Description: A permanent plan of life insurance for which premiums are level and payable during the lifetime of the insured. Premium rates are banded saving you money on higher insurance amounts. The plan pays dividends and contains guaranteed cash values. The base death benefit remains level over the lifetime of the certificate.

Issue Amounts: $10,000 and over

Age Availability: 0 to 90

Supplemental Benefits Available:
Waiver of Premium, Accidental Death Benefit, Guaranteed Insurability Option, Juvenile Payor Benefit

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Single Premium Whole Life (SP)

Description: A permanent plan of life insurance for which there is a one time premium payment. The plan pays dividends and contains guaranteed immediate cash values. The base death benefit remains level over the lifetime of the certificate.

Issue Amounts: $5,000 and over

Age Availability:  0 to 100

Supplemental Benefits Available:
Accidental Death Benefit

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Limited Payment Whole Life (PL)

5, 10, 15, 20 Year

Description: A permanent plan of life insurance for which premiums are payable for either 5, 10, 15 or 20 years. The certificate is then paid-up for life. The plan pays dividends and contains guaranteed cash values. The base death benefit remains level over the lifetime of the certificate.

Issue Amounts: $5,000 and over

Age Availability:  0 to 90

Supplemental Benefits Available:
Waiver of Premium, Accidental Death Benefit, Guaranteed Insurability Option, Juvenile Payor Benefit

> Talk to an agent now

 

Final Expense – Immediate Benefit (FEI)

Description: A permanent plan of insurance with a guaranteed death benefit for which premiums are level and payable during the lifetime of the insured. The plan allows for cash value growth and is not dividend participating. No medical exam required.

Issue Amounts:
$2,500 – $25,000 (Age 40-75) $2,500 – $15,000 (Age 76+)

Age Availability:  40 to 85

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Final Expense – Graded Benefit (FEG)

Description: A permanent plan of life insurance for which premiums are level and payable during the lifetime of the insured. The plan allows for cash value growth and is not dividend participating. This plan has a reduced death benefit for the first 2 years. For non-accidental death, the death benefit is limited to 25% of the face amount in the first year and 50% of the face amount in the second year. Thereafter, 100% of the face amount is payable. Full benefits are paid for accidental death from day one. No medical exam required.

Issue Amounts:
$2,500 – $25,000 (Age 40-75) $2,500 – $15,000 (Age 76+)

Age Availability: 40 to 85

> Talk to an agent now

 

Guaranteed Issue Final Expense (GIWL)

Description: A permanent plan of life insurance for which premiums are level and payable during the lifetime of the insured. The plan allows for cash value growth and is not dividend participating. This plan has a reduced death benefit for the first 2 years. For non-accidental death, the death benefit is limited to the return of 110% of the premium paid during the first 2 years. Thereafter, 100% of the face amount is payable. Full benefits are paid for accidental death from day one. No medical exam required.

Issue Amounts:
$2,500 – $25,000 (Age 40 – 65);
$2,500 – $15,000 (Age 66-75);
$2,500 – $10,000 (Age 76-80)

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IMG_027_Final_BW11MAIL Bob photoHave Insurance Questions?

Just fill out and send the form below. An authorized PRCUA agent will contact you at your convenience.

 

 

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