This is a Non-Participating guaranteed limited payment whole life plan. This is a type of whole life insurance policy where premiums are paid for twenty years, after which no further payments are needed. It provides permanent coverage with guaranteed benefits but does not offer dividends or share in the insurer’s profits. The policy guarantees a death benefit and a cash value that grows over time, ensuring lifelong coverage and financial security.

This plan becomes fully paid up after 20 policy years and has a Maturity Benefit of 5% of the sum paid at the end of each 10 years period if the policyholder survives and the policy is still in force. It has a minimum face value of $500,000 . (XCD 50,000)

This plan is issued to those between the ages of 0-60 and has underwriting considerations such as Gender and Smoking habits. The riders available are, Waiver of Premium, Accidental Death and Dismemberment, Critical Illness, Payor Benefit.