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Yearly Renewable Term This plan offers you valuable insurance protection at very affordable rates. The death benefit is level and premiums are level and payable for ten years. At the end of each ten year period, benefits may be renewed at the option of the insured upon payment of premium applicable to their nearest age. The intended minimum face amount of insurance is $25,000 at ages 16 through 50 and $10,000 at ages 51 and over. There is no certificate fee for face amount of $75,000 and up. There is a $50 certificate fee for face amounts under $75,000. The maximum issue ages are 16 through 65. The plan is renewable to age 75 only. New York expiry is age 70. Add the flexibility of the Waiver of Premium Benefit and the Accidental Death Benefit, and you have a plan which can be tailored to fit you and your needs.
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Frequently Asked Questions What if I lose my Certificate (Policy)? As Primary Beneficiary, if someone dies, what do I do? How do I change my Beneficiary? I did not receive a Premium Due Notice (or it was lost), what do I do? How do I change my Name on my policy For a full FAQ list click here.
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Issue Ages: 16 - 65 Minimum Issue: Ages 16-50 - $25,000 Minimum Issue: Ages 51 and over - $10,000 Accidental Death Benefit: Issued Ages 16 - 60 Waiver of Premium Benefit: Issued Ages 16 - 55
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Other Info Please join our Association by purchasing a Life Insurance Certificate (Policy) today. We will be happy to have you as a New Member of the William Penn Association. We are licensed in the following states: CA, CT, DC, FL, IL, IN, KY, MD, MA, MI, MO, NE, NJ, NY, OH, PA, VA, WV, and WI. To see a list of agents in your area, click here.
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