Your love for your family lasts forever,
but your term life policy won’t.
When you purchased a term life policy from WoodmenLife, you made a good decision to ensure your family’s financial future is protected. However, as your life changes, your life insurance needs can too. We’re here for you every step of the way.
Want peace of mind knowing your family will always be financially protected
Want the potential to build cash value that you can access when you need it most1
Want long-term coverage, regardless of age or health2
With your term life policy, you have the option to convert some or all of it to a permanent policy. When you convert, you won’t need to undergo another medical exam, as long as you complete it by your final conversion date. And if you want to keep some of your term life insurance, you can partially convert it without losing the remainder of your coverage.3
Learn more about the difference between term life, whole life and universal life so you can make the right decision for your family’s financial future.
Fill out the form and your WoodmenLife Representative will contact you and help you determine what is best for your family’s financial future.
Loans against the cash value of your certificate will accrue interest, reduce the death benefit and reduce available cash value. A loan, withdrawal or surrender may be a taxable event. For tax advice, consult with your professional tax advisor. Excessive loans or withdrawals may cause the policy to lapse.
If you are under age 59½ at the time of any withdrawal a 10% IRS penalty tax may apply.
The No Lapse Universal Life product generally does not build cash value, but offers lower premium rates and guarantees an individual’s life insurance coverage through a certain age.
This does not apply to the indexed universal life product.
These certificates have exceptions, limitations and restrictions. For cost and complete details in coverage, contact your WoodmenLife Representative. Forms: ICC10 8205 3-10, 8205 3-10 (XX), O-8205 3-10 (XX), ICC17 8678 1-17; 8678 1-17 (XX), ICC17 8679 1-17; 8679 1-17 (XX), ICC18 8730 4-18, 8730 4-18 (XX).
All products may not be available in all states.
This is a solicitation of insurance and an agent may contact you.
For partial conversion a remaining minimum face amount may be required to maintain preferred rating status and/or term coverage.
Disclosures
LP1 R-9/2022