Life - Life Insurance
strong company has a good track record. Learn how Beneficial
Life's history has contributed to their strength.
is Beneficial Life financially securing your future?
longer, healthier lives translates into lower costs of insurance.
Beneficial Life are then able to pass this savings along to
you through lower premiums.
information on Beneficial Life's safety, consistency, and
how Beneficial Life's low-risk investment portfolio ensures
the safety of your money.
out why Beneficial Life's reputation as one of the nation's
strongest insurers is a result of their commitment to their
how Beneficial Life is strengthening their communities through
Life named a member of the Insurance Marketplace Standards
Beneficial Life's History
the very core of Beneficial Life, they believe that a family's
trust is sacred and that their obligations are binding. This
is a conviction they inherited from their founders and have
followed since their incorporation in 1905.
Beneficial Life have always operated profitably, a rare feat
among insurance companies and one that historically has protected
families through economic and historic hardships.
example, Beneficial Life filled requests for loans and surrender
payments during the stock market crash of 1929 and the resulting
economic depression of the 1930s, without ever resorting to
a moratorium or a deferral of cash payments, as allowed by
state insurance laws.
both World Wars, Beneficial Life protected families by paying
all claims for insureds who died serving their country. They
did this at a time when most life insurance companies invoked
policy war clauses to deny such payments.
their commitments is one reason for their strength. And with
that strength, Beneficial Life believe, come other opportunities
Beneficial Life Products
LifeProtect Your Family With Guaranteed Benefits
and Optimax Plus are Beneficial Life's guaranteed whole life
products. The premiums never increase, and the death benefit
is guaranteed to be there when your family needs it. You can
help protect your family's future in several ways with these
lost income. Life insurance protects those who depend
on you. Providing for survivors' needs means your family
can stay in their home, go to school, and achieve their
a tax-free death benefit. Your whole life insurance can
pay for funeral expenses and outstanding debts and provide
estate liquidity to pay taxes. Your beneficiary normally
receives the death proceeds free of income tax, if the
policy is properly structured.
dividends to accumulate cash or reduce premiums. You can
use your policyowner dividends as you choose. For example,
you can accumulate cash, reduce your premiums, pay off
a policy loan, buy term insurance, or help fund your children's
an accelerated benefit for terminal illness. Optimax policies
include a no-cost endorsement provision that allows up
to 80 percent of the eventual death benefit to be paid
to the policyowner upon satisfactory evidence that the
insured is terminally ill and likely to die within six
months. (Not available in all states).
Universal Life - Beneficial Life Offers You Several Choices
in Flexible Coverage
Life (UL) is a popular variation of permanent (whole life)
insurance. The following UL policies offer you the security
and cash accumulation of whole life combined with flexible
premiums and adjustable benefits:
universal life has competitively low premiums. This Beneficial
Life product provides both insurance protection and long-term
universal life is designed especially for large, lump-sum
premiums. It has a high crediting rate and rapid, early
cash value growth.
Survivor second-to-die universal life is excellent for
retirement and estate planning, including wealth transfer
and payment of estate taxes.
from First Penn-Pacific Life Insurance Company, is a "linked-benefit"
universal life policy with riders that prepay the death
benefit and more for long-term care.
Universal Life* combines life insurance with professionally
managed investment sub-accounts.
Variable Universal Life combines a death benefit with
professionally managed investment sub-accounts.
Variable Universal Life - VariTrak Variable Universal Life
Combines Insurance Benefits With Investment Options
is variable universal life (VUL) insurance. VUL is the fastest-growing
segment of today's life insurance industry. Why? Because it
combines the protection of permanent life insurance with the
investment advantages of professionally managed sub-accounts.
25 sub-account choices, managed by an elite group of advisory
companies, give you a broad selection. Variable accounts
are managed by the following: American Century, Fidelity
Investments, Fred Alger Management, Inc., Goldman Sachs,
JP Morgan, Neuberger Berman, Sentinel Advisors Company,
36 South State Street,
Salt Lake City,