Life - Life Insurance
Life General Information
its founding in 1888, The Western and Southern Life Insurance
Company has adhered to a basic principle: service to policyholders.
High-quality personalized service has always been, and will
continue to be, the company's primary objective. The company
maintains more than 200 offices operating in 22 states and
the District of Columbia and provides more than 3,000 licensed,
experienced field personnel to assess your personal situation
and make recommendations based on your individual needs. This
personal touch has made the company what it is today-a financial
institution recognized throughout the industry for its outstanding
stability and strength.
Life's products and services are offered through two companies.
Traditional whole life and cancer products are issued by The
Western and Southern Life Insurance Company. Universal Life,
term and annuity products are issued by Western-Southern Life
Assurance Company, a wholly owned subsidiary of The Western
and Southern Life Insurance Company.
Western-Southern Life Products
Life / Strata / eTerm / Term Products / Pacesetter Annuity
/ Cancer Expense Plan
one of the nation's strongest and most highly rated financial
services organizations, Western-Southern Life provides the
financial products and services you need to ensure a secure
future. Western-Southern Life know how much you have to protect.
That is why Western-Southern Life provide you with a number
of products designed to offer you and your family the protection
and piece of mind that you need through all of the stages
of your life.
insurance plays a fundamental role in most of Western-Southern
Life plans for financial security. That's because of the variety
of life insurance plans available, both whole life and term
insurance, and the many ways they can be customized to meet
unique needs at different periods of our lives. One type is
not necessarily better than the other, and you may find that
a mixture of the two will best suit your needs.
Southern Lifes' Economy Life¹ and Strata²
products are permanent life insurance that allow you to protect
your family or business and accumulate money to help fund
college, retirement, or unplanned expenses.
insurance like Western-Southern Life eTerm² and
Term Products² are temporary policies that provide
you with the largest amount of coverage for the dollar when
your financial obligations are the greatest, such as when
your children are young and you have a mortgage.
annuities like Western-Southern Life's Pacesetter Annuity²
provide the opportunity for you to protect your money and
allow it to accumulate, tax-deferred, at the same time. When
it comes time to retire, you may decide to withdraw the money
that you've accumulated in the annuity all at once. Or, you
may choose to select among various retirement income options,
which includes a way to guarantee yourself a monthly income
for as long as you live.
American Cancer Society* reports that 1.3 million new cancer
cases will be diagnosed this year, with the total costs for
treatment running into the billions. That is why Western-Southern
Life offers two Cancer Expense Plans¹ to help
meet the high costs of the treatment of cancer should you
or your loved ones be diagnosed with the disease.
Western-Southern Lfie Economy Life Policy
Life is whole life insurance from The Western and Southern
Life Insurance Company that provides affordable, permanent
coverage while building cash value for the future. Permanent
life coverage means that you are protected for your entire
lifetime, up to age 100. When you die, the death benefit provided
by your policy can be paid to your beneficiary to help pay
off your mortgage, fund your children's education, or simply
help your family maintain the lifestyle you've worked so hard
fixed level premiums you pay for your Economy Life policy
build cash value for the future. This cash value grows, tax-deferred,
and can be used to fund a major life purchase for special
opportunities or emergencies or for your retirement through
the use of a policy loan or surrendering the policy.
feature of Western-Southern Lfie Economy Life policy is dividends.
You can use these dividends to pay premiums or purchase more
insurance, you can keep them in your policy to earn interest,
or you can receive them in cash. Dividends are not guaranteed.
included (in Texas-must apply) at no additional premium is:
Death Benefit Rider-Allows for early payment of a portion
of the basic policy's death benefit upon receipt of medical
proof that the insured is terminally ill and if certain
conditions are met. This rider is not available in all
are several other riders you can choose to purchase to customize
Death Benefit Rider-Pays an additional sum of money to
the beneficiary upon receipt of proof that the insured's
death was accidental.
Protector Rider-Provides the insured with the right to
purchase additional insurance at later dates.
Riders-Provides temporary insurance coverage for the insured's
spouse, children, or mortgage needs.
of Premium Disability Benefit Rider-Waives all policy
premiums if the insured is continually disabled as defined
in the rider.