Non-participating whole life insurance

Product overview

Foresters Non-Par Whole Life¹ comes with attractive features and guarantees, plus flexible options and add-ons to meet your family’s unique needs. Your policy generally provides a tax-free death benefit², coverage is guaranteed for life as long as the policy is in effect and the premiums can’t increase if your health status changes after coverage comes into effect.

Your policy also accumulates cash value³ that you may borrow against to help fund expenses during your lifetime. Cash value is the amount of money paid to the policy holder if the policy is terminated. As long as you pay your premiums and your policy stays in force, the cash value accumulates year after year starting in year 11. It’s a real asset with real value that can help protect you and your family.

Features and benefits

• Lifetime death benefit protection, guaranteed cash values and guaranteed premiums as long as the payments are made on time.
• Coverage type – Single Life, Joint First-to-die or Joint Last-to-die.
• Two different premium-paying periods – You can select the premium-paying option that is most convenient for you – 20 years or to age 100. 
• Bereavement Assistance – Upon the death of the insured, $1,000 in bereavement assistance is available to the beneficiaries to help cover counseling expenses.
• Quit Smoking Incentive Plan – Offers lower rates for the first two years of the policy. If the primary insured person is classified as a Smoker, and is at least 16 years old on the policy issue date, we will charge non-smoker premiums for the first two policy years. If at any time before the second policy anniversary the owner submits evidence we consider satisfactory (as to the smoking habit of the insured person) the lower premiums will continue.
• Teladoc Medical Experts⁴ – The insured person may be eligible, at no additional cost, to access Teladoc Medical Experts. The insured's spouse or domestic partner and the insured's dependent children up to age 18 may also be eligible. This program provides personalized advice and recommendations on medical issues from leading experts.

Riders

Riders are optional add-ons that allow you to customize your coverage to your personal circumstances and future goals. Non-Par Whole Life offers the following riders:

• Term Riders – Add additional layers of protection to cover shorter term risks for 10, 20 or 30 years.
• Spousal Term Riders – Your spouse can take advantage of additional protection for 10, 20 or 30 years
• Child Term Rider – Term life insurance for your children that allows them to convert coverage to a Foresters permanent insurance plan without evidence of insurability at specified option dates.
• Accidental Death Benefit Rider – An additional benefit to help your family when they need it most.
• Disability Waiver of Premium Rider – Helps maintain coverage if you are totally disabled and unable to work.