Single-Pay Permanent Life

/Single-Pay Permanent Life
Single-Pay Permanent Life 2017-09-05T16:21:08+00:00

Leave a legacy with the
Single-Pay Permanent Life Plan

You want choices for your children and your children’s children. Life Insurance allows you to create a legacy of freedom for your loved ones. Federal Life can help you leave your legacy.

Single-Pay Permanent Life Plan Product Details

Product Name: The Estate Builder 
Coverage Type: Whole Life Insurance 
• Coverage Period: through age 100
• Issue Ages: 40-85
Minimum Single Premium: $5,000
Maximum Single Premium:
– $100,000 for issue ages 40-44

– $125,000 for issue ages 45-49
– $155,000 for issue ages 50-54
– $200,000 for issue ages 55-79
– $100,000 for issue ages 80-85 

The Estate Builder is a great plan for individuals who have already set aside funds to leave to children, grandchildren, or a favorite charity. It is designed to help you leave a guaranteed amount that is free from federal income taxes and designed to avoid probate. The value provided by the guaranteed death benefit can instantly increase the size of your estate, turning your one-time premium into a significantly larger sum. 

Advantages
• A one-time premium locks in a larger, guaranteed death benefit. 

• Accelerated Death Benefit included free of charge, which allows you to access cash value if you are diagnosed with a chronic or terminal illness, or become permanently confined in a nursing facility. 
• Death benefit is usually received federal income tax free and is designed to avoid probate.

The information presented herein is not a complete description of Federal Life’s products. For more information, including whether or not a product is approved for sale in your state, please contact a Federal Life representative.

 Want to learn more?
Contact our Concierge Team

Phone: (800) 233-3750
ext. 295

Fax: (847) 520-7651

myshield@federallife.com

Email the Concierge Team

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