Life Insurance

Life insurance provides you peace of mind from knowing that your loved ones are protected.

The UNA offers:

  • Permanent Life Insurance – protects you for your entire life, accruing a cash value and assuring a payout at the end of the policy
  • Term Life Insurance – provides a solution for your temporary life insurance needs, protecting you and your family for a specified period of time
  • Endowments – endowments not only help you save money for such important moments in your life as your child’s or grandchild’s higher education and marriage, or for unforeseen future expenses, but also serves as a life insurance policy until the date of its maturity.

Permanent Insurance*

Whole Life

  • Issued to persons between the ages of 0-85
  • Minimum face amount is $5,000
  • Upon death of insured, the beneficiary receives the proceeds tax free
  • Lowest premiums for permanent insurance

Life Paid Up at Age 65

  • Issued to persons between the ages of 0-60
  • Minimum face amount is $5,000
  • Premiums are payable to the policy anniversary date nearest the insured’s 65th birthday
  • After this date, no more premium payments are due, but the cash value of the policy continues to accumulate
  • Upon death of insured, the beneficiary receives the proceeds tax-free
20 Payment Plan Whole Life

  • Issued to persons between the ages of 0-85
  • Minimum face amount is $5,000
  • After 20 annual premium payments policy is paid up.

Single Premium Whole Life

  • Issued to persons between the ages of 0-85
  • Minimum face amount is $5,000
  • One payment insures the person for life
  • Upon death of the insured, the beneficiary receives the proceeds tax-free
Not available in all states.

Term Insurance*

10 Year Term

  • Minimum face amount is $50,000
  • Issue age 18-70
  • Premium rates will not go up. Payable for 10 years

20 Year Term

  • Minimum face amount is $50,000
  • Issue age 18-60
  • Premium rates will not go up. Payable for 20 years

Juvenile Term to age 30

  • Issue age: 0-20
  • Face amounts available:
    – $25,000
    – $50,000
  • Death benefit is level to age 30
  • Premiums level to age 30
Not available in all states.

Endowments*

Endowment at Age 18

  • Issued to persons between the ages of 0-10
  • Minimum face amount is $5,000
  • Premium payable until age 18
  • Age 8-10 – prepay only
  • Full face amount paid at death or on maturity date at age 18
  • Life insurance plan and systematic savings combined
  • IRS: interest is taxable

20 Year Endowment

  • Issued to persons between the ages of 0-80
  • Minimum face amount is $5,000
  • Premiums are payable for 20 years
  • Full face amount paid at death or on maturity date at the end of 20th year
  • Life insurance plan and systematic savings combined
  • IRS: interest is taxable
Not available in all states.

* All UNA permanent and term life policies have separate rates for male and female; tobacco and non-tobacco use.

On all permanent insurance policies (except Single Premium Whole Life) and endowments, a discount is given on premiums upon prepayment of policy.

Riders are available with certain plans.

Please call the UNA home office or speak with a UNA agent or branch secretary for details.

Plans not available in all states.

 

Disclaimer: All rates and conditions are subject to change. This site, although accurate to the best of our knowledge, should be used for general informational purposes only.