> WilliamPennAssociation.org - Insurance - Juvenile Bargain Purchase

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Juvenile Bargain Purchase


 

This special Juvenile (Ordinary Life) Bargain Purchase plan was developed for issue to juveniles using attractive discounted rates. Annual premiums are payable for life and the death benefit is level and payable at death.

 

Issue ages are limited from seven (7) days old to age 15 nearest birthday and is subject to normal underwriting rules using a regular life application. Sales of this special plan are limited only to units of $5,000.00.

 

Listed below are separate annual rates for males and females (non-smoker) and do not vary by issue age.

 

 

Male

Female

*1 Unit - $ 5,000 $35.00 $30.00
*2 Units - $10,000 $70.00 $60.00
  3 Units - $15,000 $105.00 $90.00
  4 Units - $20,000 $140.00 $120.00
  5 Units - $25,000 $175.00 $150.00


*Only annual premium accepted.

 


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