20 Pay Life Insurance

The SNPJ 20 Pay Life plan is a variation of Whole Life insurance providing a policy that is paid-up for life after 20 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 excellent dividend accumulation. SNPJ 20 Pay Life is one of our most popular plans of permanent insurance. SNPJ 20 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. This is the most competitive product SNPJ offers. Depending on which dividend option is chosen, the face amount of insurance will grow. 

Advantages of 20 Pay Life insurance from SNPJ

  • best buy for the premium dollar
  • benefit of a Whole Life plan, with premium payments of only 20 years 
  • relatively short payment period
  • exceptional cash and loan values 
  • excellent dividend accumulation
  • tax-deferred 
  • proceeds are paid tax-free to your beneficiaries

SNPJ 20 Pay Life insurance is best for:

Individuals who purchase an SNPJ 20 Pay Life plan will appreciate the 20-year payment period, after which the policy will be paid-up for life. This plan is ideal for parents to purchase for children so that they will have a paid-up plan of life insurance when they become young adults. SNPJ 20 Pay Life is also an ideal purchase for young adults who will no longer make premium payments when their children start college or when retirement begins.

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.