Wawanesa Life Non-Participating Whole Life Policy

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Wawanesa Life Non-Participating Whole Life Policy is actually a Term 100 policy, with a quick pay option.

Traditionally, Term 100 policies offer premiums payable for life. The Wawanesa plan offers a traditional life pay Term 100 plan, but also offers two quick pay policies. A 15-Pay plan, where the insured is covered for life and the policy is paid up at the end of 15 years, and a 20-Pay policy where the insured is covered for life and the plan is paid up at the end of 20 years.

The minimum face amount on the policy is $10,000 Joint life and multi-life policies are not available. The plan does offer guaranteed cash values after 10 years on his 15-Pay and 20-Pay plans.

There’s an automatic premium loan feature on the plan, which allows the insured to take on a loan on up to 93% of the cash surrender value.

For more details please contact us at 1.866.899.4849 visit our Whole Life Quote Page

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