LIFE INSURANCE
Valuable Protection for You and Your Family

Since 1983 Germania Life has focused on providing competitively priced life insurance products to our customers. Planning for your family’s future financial needs is very important. For the uncertainties in life, a sound insurance program is critical. Life insurance is the only product that can provide your family with immediate dollars to continue in the lifestyle they are accustomed to. Germania Life can do that by offering a wide range of insurance products that can be tailored specifically to your family’s needs.

Products Offered:

*** Some plans are subject to an application fee and medical examination***

PERMANENT PLANS

Whole life insures you for your “whole life” and pays a cash benefit to your designated beneficiaries. Most plans are available from birth to age 85.

Participating Whole Life- A level death benefit, level premium, participating, cash value whole life policy

Economy Whole Life- A level death benefit, level premium, cash value whole life policy.

Juvenile 10-Pay Life- This is a whole life policy that will become paid up in 10 years. It has a guaranteed level death benefit and is nonparticipating. Issue age 0-18 and no medical exam required to qualify.

Senior Life I and II - Permanent whole life insurance, premiums guaranteed, fixed and level for life, guaranteed death benefits, guaranteed cash values, issue ages 50 to 85, issue sized $3,000 to $25,000, no medical exam required to qualify.

Single Premium Whole Life - A level death benefit, one time single premium, participating, cash value whole life policy.

Special Modified Whole Life - A level premium cash value whole life policy with graded death benefit

10 & 20 Limited Pay Whole Life - This is a whole life policy with two options. The policy will either become paid up in 10 years from date of issue or in 20 years from date of issue provided all premiums are paid when due.

TERM PLANS

Term policies are designed to provide greater coverage for a smaller premium and they insure you for a specific period of time. Most of Germania Term Life products are convertible without evidence of insurability. These products are ideal if you want to protect your family with insurance for your mortgage, car loans or business debt.

20 and 30 Year Level Term - They have guaranteed death benefits and are nonparticipating (they do not pay dividends). They are both convertible to any of our permanent plans of insurance.

5 yr Renewable & Convertible Term - A level death benefit with level premiums payable for renewable 5 year periods.

10 yr Renewable & Convertible Term - A level death benefit policy with level premiums payable for renewable 10 year periods.

Annual Decreasing Term - A decreasing death benefit, level premium policy written for terms of 15, 20, 25 or 30 years

Joint Life Annual Decreasing - A decreasing death benefit, level premium policy written on two lives with the death benefit payable on the first death. The policy is written for terms of 15, 20, 25 or 30 years.

Term 4 Life - Level lifetime coverage to age 99, issue limits -- Minimum $50,000, Maximum $4,000,000, guaranteed death benefits, issue ages 14 to 65, male/female, smoker/non-smoker.

ANNUITIES
An annuity can be purchased with a one time deposit or though flexible premium payments. An annuity pays a specified amount of money at regular intervals, starting on a specific date. Many Americans save for their retirement through annuities.

Flexible Premium Deferred Annuity - A flexible premium annuity is a tax deferred annuity that can be issued either as a non qualified annuity or as a qualified plan to be used to fund an IRA or SEP-IRA. Interest is guaranteed to be not less that 2% per year, however Germania Life could also raise the guarantee as well. Issue age 0-99. The minimum first year premium is $1,000 either paid in a lump sum or by paying $84 per month. Thereafter, the premiums are flexible as to the amount the policyholder wishes to pay.

FREQUENTLY ASKED QUESTIONS

How much life insurance coverage do I need?
This will depend on how many people are in your family, whether you are married, have children or others you care for and the total amount of your debts.

Do you sell mortgage insurance?
Yes, we have several alternatives to protect your family, home or business.

What is the difference between whole life and term life insurance?
Whole life insurance is a policy that is permanent, providing protection for the entire life of the insured, if premiums are paid as specified in the policy. Term life insurance provides protection for a certain period of time and pays no benefits after that period ends.

Contact Debra Gillum at 940-458-3669 or email Debra@gilluminsurance.com .