Life insurance to age 98 without lifelong premiums 1
Washington National Life AssureSM offers you affordable term life protection that evolves
with your changing needs during your working years and into retirement
DURING YOUR WORKING YEARS
A guaranteed level premium with a HIGH DEATH BENEFIT protects you when you need
coverage the most.
At age 65, when you likely have less disposable income, your life insurance can convert to a
lower death benefit WITH NO MORE PREMIUMS DUE.1
1 Death benefit amount
To-age-65 level-premium term, continued into retirement with a lower death benefit
OR alternative 15-year level-premium term
3 50% Return of Premium (ROP) feature
When you choose coverage with the optional 50% ROP feature,3 at age 65 you
can convert your cash value to a lower death benefit with no more premiums due.1
You also can choose coverage without the ROP feature. The lower rate is
guaranteed for the level-premium term period. At age 65,5 you can continue
your death benefit to age 98 by paying the annual renewable term rate.
CASH VALUE OPTIONS
At age 65, your policy’s cash value can
be converted to a lower death benefit
with no more premiums due. 1
You can also:
• Use your cash value to extend your
• Receive a check for your full cash value
and pay the annual renewable term rates
up to age 98.
• End your coverage at any time to access
the current cash value.4
Options to increase your protection
These optional riders, available at an additional cost, are subject to state availability.
FREE! Accelerated Benefits
for Terminal Illness rider
This rider advances up to 50% of your policy’s death benefit if you are diagnosed
as terminally ill. The amount not advanced is payable upon death. There is no
premium charge for this rider. It is issued automatically with your base policy.
Critical Illness rider This $5,000 benefit is payable when you are first diagnosed6 with cancer (except
skin cancer), heart attack, stroke or end-stage renal failure. The benefit has a 30-day
waiting period, is payable one time and does not reduce your death benefit.
Total and Permanent Disability Benefits
Waiver of Premium rider
This rider waives policy and rider premiums if you become totally, permanently
disabled. The waiver period is six months after you become totally, permanently
disabled until you recover or reach age 60.
Accidental Death Benefit rider This rider doubles the death benefit up to $150,000 if you die as the result of a
covered accident on the road, at work or at home.
Children’s Term Insurance rider With this rider, you can select $10,000 term life insurance coverage for each of
your eligible children.
Choose your life insurance with confidence
Your policy offers high benefits and economical premiums with a variety of options to meet your budget. Your death benefit is paid to beneficiaries income-tax free when you pass away.1
Your coverage can go to age 65 and beyond, to protect you and your family throughout your working years and into retirement.
Your policy can accumulate cash value over time. You can access any accumulated cash value at any time by surrendering your policy and riders.
Your rates are guaranteed not to increase prior to age 65 At age 65 and into retirement, your premium payments end, and your coverage converts to a lower death benefit.3
Your policy is portable and always belongs to you.
You can keep it if you change jobs or retire.
1 The lower death benefit and no more premium due option is available only when you select the 50% ROP feature and choose to convert your cash
value to a lower death benefit at age 65 (or in policy year 15 if you choose the 15-year level-premium option). Once you convert your cash value to the
lower death benefit, you cannot reverse it after that option is in effect.
2 The available face amount varies by age.
3 The ROP feature gives you 50% of your eligible paid premiums at the end of your selected term. “Eligible premiums” do not include premiums for riders and
4 Ending your coverage before the end of the level-premium term will result in a premium return of less than 50% of paid premiums.
5 The level-premium period is to age 65 or 15 years, whichever you select.
6 In South Dakota, “first diagnosed” does not apply.
1 The death benefit is income-tax free in most cases, unless a transfer-for-value is made. Consult your own tax or legal counsel.
2 The level-premium period is to age 65 or 15 years, whichever you select.
3 The lower death benefit and no more premium due option is available only when you select the 50% ROP feature and choose to convert your cash value to
a lower death benefit at age 65 (or in policy year 15 if you choose the 15-year level-premium option). Once you convert your cash value to the lower death
benefit, you cannot reverse it after that option is in effect.
Insurers and their representatives are not permitted by law to offer tax or legal advice. The general information here was written to support
the sales, marketing or service of insurance policies offered by Washington National Insurance Company. Based upon individuals’ particular
circumstances and objectives, they should seek specific advice from their own qualified and duly licensed independent tax or legal advisers.
No one may rely upon or use the information here for the purpose of avoiding any tax or tax penalty that may be imposed by the Internal
Revenue Code or other applicable law.
Policy forms (may vary by state):
WNIC-3001R and WNIC-3003R
WNIC-3000 and WNIC-3002
Rider series (may vary by state):
Accelerated Benefits for Terminal Illness rider: WNIC-6019
Accidental Death Benefit rider: WNIC-6026
Children’s Term Insurance rider: WNIC-6020
Critical Illness rider: WNIC-6022
Total and Permanent Disability Benefits Waiver of Premium rider: WNIC-6021
Washington National Insurance Company
11825 N. Pennsylvania Street
Carmel, IN 46032