Whole Life Products
First Whole Life is a permanent whole life insurance policy with guaranteed level premiums and death benefits. Your premiums are guaranteed for life and do not increase regardless of age or health. First Whole Life can be issued with a premium schedule for the life of the policy (Life Pay) or on a limited payment basis with premiums payable for 10 years (10 Pay) or a one-time payment (Single Pay). For 10 Pay and Single Pay plans, at the end of the premium paying period, the policy is guaranteed paid up for life. Available riders include Accidental Death, Waiver of Premium and Terminal Illness. Issue ages are 0 (30 days) to 80. Face amounts range from a minimum of $10,000 to a maximum of $5,000,000.
Golden Eagle Final Expense is a permanent whole life insurance policy available as a simplified issue or as a graded death benefit. The simplified issue product is for issue ages 50 to 85 with a minimum death benefit of $2,500 to a maximum of $25,000. The graded death benefit product is for issue ages 50 to 80 with a minimum death benefit of $2,000 to a maximum of $10,000. An Accelerated Living Benefit Rider for Terminal Illness or Nursing Home Confinement is included.
Value Builder is a modified payment whole life insurance policy with a flexible premium deferred annuity rider. The Value Builder is an individual life insurance policy with an annuity that provides life insurance death benefits, however the primary focus of the product is to provide living benefits through the annuity rider. The annuity rider’s current interest rate is 3.00%.