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Wawanesa Life Insurance Company
President & CEO: Kenneth E. McCrea
AM Best Rating: A
Assets: $603,682,000
New Premiums Written: $98,529,000
Address:
Wawanesa Life Insurance Company
191 Broadway 2nd Floor
Winnipeg, Manitoba
R3C 3P1
Toll Free: 1-888-997-9965
Phone: 204-985-3940
Fax: 204-947-5192
Web Address: www.wawanesalife.com
Email Address:
* Info courtesy of AM Best's Pocket Key Ratings Guide 2010
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Is a limited pay whole life plan more economical than a straight life policy?
Hi Ameedah,
Thanks for the note. I’m not clear what you mean by straight life policy. Life insurance falls into two categories Term and Permanent. A Whole Life plan falls within the Permanent category. The cost starts off higher but is level. As discussed above Whole Life plans can payable for life or paid up after a limited number of years.
Regards … Lorne