Life Paid-Up at 65
Life Paid-Up at 65 offers lifelong insurance protection without life-long payments. This plan is ideal for people who want to reduce their financial obligations upon retirement.
Protection for life
Life Paid-Up at 65 offers all the advantages of traditional whole life insurance, but rather than paying premiums to age 100, payments end at age 65. It features:
- Guaranteed lifetime coverage
- Level premiums until age 65
- Increasing cash value
- Access to policy loans
Ask us about additional benefits that can enhance this plan, such as our Waiver of Premium Option, Guaranteed Purchase Option, Accidental Death Benefit, and Child Protector Coverage.
Share in dividends
Each year, your Life Paid-Up at 65 policy allows you to share in dividends that may be declared by FaithLife Financial. You can use dividends earned in four ways:
- Accept dividends in cash
- Leave them within the policy to accumulate with interest
- Apply them toward annual or quarterly premium payments
- Purchase additional paid-up insurance.
When you take out an insurance policy, you become a FaithLife Financial member with the additional benefit of people who care, information to help throughout life and a means for you to be of help to others. Contact your FaithLife Financial representative or our Head Office for more information.
