10 Pay Life Insurance
The SNPJ 10 Pay Life plan is a variation of Whole Life insurance providing a policy that is paid-up for life after only 10 years of premium payments. This permanent life insurance plan features lifetime insurance coverage, the guarantees of a Whole Life plan, cash and loan values, reduced paid-up insurance options, and good dividend accumulation. SNPJ 10 Pay Life is an excellent policy for all ages (up to age 80) and is available at lower face amounts – a minimum of $5,000 for ages 0-29, and a minimum of $3,000 for ages 30-80. After paying premiums for 10 years, the policy becomes paid-up for life, and depending on which dividend option is chosen, the face amount of insurance will grow.
Advantages of 10 Pay Life insurance from SNPJ
- shortest term of premium payments
- ownership of a fully paid Whole Life policy in only 10 years
- tax-deferred cash and loan value accumulation
- proceeds are paid tax-free to your beneficiaries
SNPJ 10 Pay Life insurance is best for:
Individuals who purchase an SNPJ 10 Pay Life plan will appreciate the short payment period of only 10 years, after which the policy will be paid-up for life. This plan is best suited for individuals who are looking to have permanent life insurance coverage for a lifetime, but want to pay premiums for only a short period of time.
Get a permanent life insurance quote today.
Contact your Lodge secretary or sales agent, or contact the SNPJ Home Office to get a life insurance quote today. We will provide you with competitive insurance rates and help you select the right life insurance products that match your specific needs and budget.
Slovene National Benefit Society is licensed in the following states:
Arizona, California, Colorado, Florida, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, Montana, New Mexico, New York, Ohio, Oregon, Pennsylvania, Utah, Washington, West Virginia, Wisconsin and Wyoming.