National
Guardian Life - Life Insurance
About
National Guardian Life
National
Guardian Life has been one of America's most successful and
highly rated independent mutual life insurance companies since
1910. They pride themselves on being a strong and conservative
company that puts the needs of their policyholders first.
National Guardian Life's conservative investment philosophy
enables them to offer quality insurance products that are
among the safest in the industry. They remain strong, stable
and well-positioned to seize the challenges and opportunities
that lay ahead.
National Guardian Life - Insurance Products
Term
Term
life insurance provides life insurance only for a limited
period of time, or "term." Additionally, term insurance provides
only pure insurance protection and does not have the cash
accumulation feature typically found in most permanent life
insurance policies.
Term
life insurance is most useful when you are relatively young
or you only need temporary or short-term coverage. It's useful
when you have an ongoing financial commitment such as a mortgage
or a business debt. It gives you the peace of mind that should
you die, the responsibilities of any debt obligations would
be met.
Term
life insurance is simple. You pay the premiums for the time
when you need the coverage. By "paying as you go," your premium
is a reflection of your age. When your short-term needs no
longer exist, you are free to convert it to permanent insurance
without proving insurability, building for your long-term
needs. Types of term life available are 10, 15, 20 and 30-Year
Level Term. They differ only in the period of time for which
your premiums are guaranteed to stay level. If you are insuring
a need for a longer period of time, chances are that a longer
level term period may be in your best interest.
Traditional
Traditional
Life insurance, commonly referred to as "Whole Life,"
is considered permanent life insurance. When you purchase
traditional life insurance, your premiums are locked in at
the time you buy it and are guaranteed to never increase.
In addition, you can earn dividends that will add to your
policy's cash value.
National
Guardian Life offers four types of Traditional Life products:
Whole
Life
Designed
to provide a nice balance between premiums and death benefit.
Cash values and dividends provide additional growth within
the policy. Premiums are payable to age 100, coverage is in
effect to age 100.
Limited
Pay Life
This
product is designed for premiums to stop at age 65. This makes
the Limited Pay Life an ideal product for guaranteeing that
your life insurance coverage is paid-up at an earlier age.
Coverage is still in effect to age 100.
FutureLife
This
policy maximizes the tax advantages of accumulating cash value
within a life insurance policy. It is most often used when
the goal is to provide death protection and also to generate
an income flow in future years.
Single
Pay Life
This
policy allows you to make one premium payment and have your
policy paid in full. It is often the preferred choice when
life insurance is purchased as a gift for a child.Another
common use is when a lump sum of money happens to be available
and guaranteed death protection is important.
Universal
Life
Universal
Life offers you a flexible plan of permanent life insurance.
You design the plan to fit your changing needs. Both premium
payments and the amount of the insurance coverage may be adjusted.
That means that as your situation changes, you have the option
to alter your premium payment, how often you pay, or the amount
of coverage. Your tax-deferred cash value earns our current
rate of interest.
National
Guardian Life offers several types of Universal Life insurance:
Universal
Life 4, 5 and 6
These
individual Universal Life plans are perfect for individuals
who value flexibility in both premium payments and coverage
amounts. These UL policies can be changed as your need for
insurance changes.
Want
to know more? If you would like to find out more about
National Guardian Life's products, contact them by e-mail
or call them at 1-800-548-2962.
2
E. Gilman St.,
PO Box 1191,
Madison,
WI 53701-1191
www.nationaguardian.com
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