Individual Whole Life Insurance
Choose supplemental insurance to help your family get through the most difficult time
Our Individual Whole Life Insurance Policy helps to provide your family the support they need to pay for your final expenses. For an affordable monthly premium, you can select a maximum death benefit amount of $2,000 to $25,000 to help pay for funeral costs and other final expenses.1
Let us help support your loved ones
Barbara remembered how difficult it was to arrange her mother’s funeral. She worried about the costs when all she wanted to do was be with her family. Barbara knew she didn’t want her children to face the same situation. Barbara’s Individual Whole Life policy put her mind at ease with the knowledge that there would be benefits to help her family when they need it the most.^
How will the money help?
- Help pay for funeral or cremation expenses
- Help protect your family’s nest egg
- Help contribute to your grandchild’s education
- Use it to help pay down outstanding mortgages or other loan balances
What are the features of the policy?
- Death Benefit amounts from $2,000 - $25,0001
- Available to qualified individuals between ages 50 – 85
- Both you and your spouse may apply for policies to qualify for a 5% spousal premium discount2
- Guaranteed Premiums – your monthly premiums will not increase
Two benefit plans
We want to ensure that you have meaningful benefits when you need them most, which is why we have two benefit plans. Our Level Benefit Plan will pay the full benefit amount you have chosen to your beneficiary upon your death.1 A Terminal Illness Accelerated Benefit Rider is included with this plan at no additional charge, so if you are diagnosed with a terminal illness, you will have additional funds to help with medical expenses or financial needs – you can request up to 50% of the benefit amount be paid to you (unless otherwise assigned) upon diagnosis.1
We know that some people may have a hard time finding life insurance. That is why we offer the Modified Benefit Plan for those who do not qualify for coverage under the Level Benefit Plan. This Modified Benefit Plan has adjusted levels of coverage for the first two years of the life of the policy. The chart below details the coverage for both benefit plans.1
|Loss of life from...||Level Benefit Plan
Death Benefit Amount
|Modified Benefit Plan
Death Benefit Amount
|Non-accidental death within first two years of coverage||100% of benefit amount||110% of premium paid|
|Non-accidental death after being covered for two or more years||100% of benefit amount||100% of benefit amount|
|Accidental death while covered||100% of benefit amount||100% of benefit amount|
Learn more about the benefits and coverage included in our Individual Whole Life Policy by selecting your resident state:
More affordable than you may think
For less than you might expect to pay, Individual Whole Life Insurance can help provide peace of mind when dealing with the end of a life. Plan ahead and help protect your family with an individual policy for around $28 per month.*
^All case scenarios are presented for illustration only.
*Premium based on the Level Benefit Plan individual rate for a female non-tobacco user in Alabama, age 55, with a $10,000 benefit amount. Individual rates will vary based on your state, age at time of issue, sex, tobacco status and the benefit amount you select. Rates are subject to change. Unisex applies to Montana only.
1Benefit amounts may vary by state and all benefits payable are subject to the terms and conditions of the policy and/or rider.
2Only available if both individuals apply at the same time. Discount is applied to the policy of the youngest spouse.
3http://funeral-tips.com/funeral-costs-how-much-does-an-average-funeral-cost/; Mike Testa, 9.5.2014.
THE ACCIDENT EXPENSE POLICY PROVIDES LIMITED BENEFIT COVERAGE FOR AN ACCIDENTAL INJURY ONLY. THE LUMP SUM HEART ATTACK AND STROKE POLICY PROVIDES LIMITED BENEFITS and should be used to supplement existing medical coverage. THE LUMP SUM CANCER POLICY AND CANCER TREATMENT POLICY ARE CANCER ONLY POLICIES and should be used to supplement existing medical coverage. A SUPPLEMENTAL POLICY IS NOT A MAJOR MEDICAL OR COMPREHENSIVE HEALTH INSURANCE POLICY AND DOES NOT PROVIDE THE MINIMUM ESSENTIAL COVERAGE NECESSARY TO AVOID PENALTY UNDER THE AFFORDABLE CARE ACT OF 2010 (ACA).
This website is designed as a marketing aid and is not to be construed as a contract for insurance. It provides a brief description of the important features of the policy. Full terms and conditions of coverage are defined by and governed by an issued policy. Please refer to the policy for the full terms and conditions of coverage. Availability varies by state. This is a solicitation for insurance. An insurance agent/producer may contact you. Accident Expense, Cancer Treatment, Lump Sum Cancer, Lump Sum Heart Attack and Stroke and Individual Whole Life Insurance Policies are underwritten by Loyal American Life Insurance Company.
The Accident Expense Policy is not available in CO, CT, FL, MA, MD, NH, UT & VA.
The Cancer Treatment Policy is not available in CT, MA, MN, NJ, UT & VA.
The Lump Sum Cancer Policy is not available in CT & PA.
The Lump Sum Heart Attack and Stroke Policy is not available in CT, MA, & PA.
The Individual Whole Life Policy is not available in MT.
Whole Life Compact policy form number: ICC14-LY-WLP.
All Cigna products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Loyal American Life Insurance Company. The Cigna name, logo, and other Cigna marks are owned by Cigna Intellectual Property, Inc.
Website not approved for use in Utah.
Are you both applying?
When both you and your spouse apply for an Individual Whole Life Policy, you will qualify for a 5% spousal discount.2
Call for a free quote today!
Did you know?
The average North American traditional funeral costs between $7,000 – $10,000.3