Issue link: https://read.dmtmag.com/i/192534
IIIIII Simplified Issue Whole Life Insurance1 Annual Premiums DID YOU KNOW 86% of Americans say they haven't bought life insurance because it's "too expensive" ... its true cost yet over estimate by more than 2x?2 Life insurance really is a lot less expensive than you think. Just look at our premium rates below! ... for less than a $1 a day (about $18 per month EFT, as shown in the example at the bottom of this page) a non-smoker male age 55 can get $5,000 coverage in insurance!! Issue Ages 50-85, Non-Smoker – Policy fee: $45.00 (Smoker premiums available by request) annual Premiums per $1,000 of Insurance – non-SMOKER Issue Age Premium Male Premium Issue Age Female Male Issue Age Female Premium Premium Male Issue Age Female Male Female 50 $24.50 $18.50 60 $42.00 $33.00 70 $76.00 $58.00 80 $145.00 $105.00 51 $25.62 $19.32 61 $44.56 $34.69 71 $79.84 $60.79 81 $162.90 $117.69 52 $26.88 $20.28 62 $47.27 $36.26 72 $83.42 $63.26 82 $185.23 $133.62 53 $28.28 $21.38 63 $50.15 $37.90 73 $87.28 $65.82 83 $208.41 $150.22 54 $29.82 $22.62 64 $53.22 $39.75 74 $91.96 $68.93 84 $228.86 $164.87 55 $31.50 $24.00 65 $56.50 $42.00 75 $98.00 $73.00 85 $243.00 $175.00 56 $33.31 $25.58 66 $60.04 $44.77 76 $104.98 $77.70 57 $35.26 $27.35 67 $63.82 $47.94 77 $112.55 $82.75 58 $37.34 $29.23 68 $67.78 $51.34 78 $121.33 $88.65 59 $39.59 $31.14 69 $71.86 $54.75 79 $131.94 $95.90 Modal factors for all plans. The rates above are for annual premiums. For other premium modes, your premium due is the annual premium multiplied by the number of units of coverage (one unit is $1,000), plus policy fee, multiplied by a mode factor. • or semi-annual, use mode factor .52 F • or monthly, use mode factor .09 F • or quarterly, use mode factor .265 F • or monthly EFT, mode factor .0883 F EFT stands for Electronic Funds Transfer, a convenient method of payment by which automatic monthly withdrawals are made from your checking account. An example premium equation for a non-smoker male age 55, amount of insurance at $5,000: Premium / $1,000 Monthly (EFT) 10.13MAG-SS 36 $31.50 Units x 5 Policy Fee + $45.00 Mode Factor x 0.0883 Due Each Premium = $17.87 monthly Product/features not available in all states. 1–ICC13WL. 2–Source: LIMRA and LIFE Foundation 2013 Insurance Barometer Study National Catholic Forester