Insurance - Single Premium Whole Life - William Penn Association

Single Premium Whole Life

Here's a plan which allows you to purchase a fully paid-up whole life insurance plan for one lump sum payment. This is how it works for you:

One payment is made. No future payments are necessary.
The policy is fully paid-up.
Rates are low due to higher interest rate assumptions.
Almost the entire premium paid is created as cash value and is available as loan collateral in the first year.
Cash value continues to increase annually even though you pay no additional premiums.
Dividends are anticipated at the end of the second policy year.

This plan offers protection and security for you and your family through its versatile policy provisions.

Throughout your life a William Penn Association Single Premium Whole Life Plan provides instant and growing savings through the policy's cash values. These guaranteed cash values mean you will have:

emergency cash available for low interest loans
money for your retirement years.

After your death, the policy will provide your beneficiary with financial security. This could be in the form of a lump sum payment or guaranteed monthly income.

This lifetime of protection and security for you and your family is available for only one, low premium.

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?

What should I do if I move?

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.

Issue Ages: 0 - 95

Minimum Issue: $3,000

No Certificate Fee

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.