Turn Your Wealth Into a Lasting Legacy
- No ongoing premiums
- No medical exam
- No long waiting periods
- Just a guaranteed benefit for the future
What is Single Premium Whole Life Insurance?
Single Premium Whole Life (SPWL) Insurance is a one-time-payment life insurance policy that provides lifelong coverage and a guaranteed tax-free death benefit to your beneficiaries. Unlike traditional life insurance that requires monthly or yearly payments, SPWL allows you to pay once and stay covered for life.
SPWL is ideal for estate planning, wealth transfer, and charitable giving. It ensures that your loved ones or a chosen charity receive a fixed, tax-free payout when you pass away.
Key Benefits of SPWL
- No Market Risk - Your SPWL policy won't lose value.
- Fixed Death Benefit -Guaranteed payout, no changes overt time.
- Estate Planning Advantage - Your loved ones receive a tax-free payout.
- Quick & Easy Approval - No medical exam, just 3 health questions.
- Living Benefits - Access funds if needed during serious illness.
- Change Beneficiaries Anytime - Adapt your policy as life changes.
Who is SPWL For?
- People who want hassle-free approval (No medical exam, quick approval)
- Retirees & Estate Planners (Tax-efficient legacy planning)
- Individuals Who Want a Guaranteed Death Benefit (Fixed payout)
- Charitable Givers (Name a nonprofit as beneficiary)
How SPWL Works (Simple Breakdown)
Step 1: Make a one-time lump sum payment.
Step 2: Your policy provides an immediate guaranteed death benefit.
Step 3: If you pass away, your beneficiaries receive the fixed payout tax-free.
Step 4: If you surrender, you typically receive your original premium back.
Step 5: Living Benefits allow you to access funds if needed during serious illness.
Step 6: You can change your beneficiary anytime.
SPWL for Charitable Giving
- Name a charity as a beneficiary
- Charities receive larger donations than a direct cash gift.
- It's tax-efficient for your estate.
- You leave a lasting impact without affecting your current lifestyle.
