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▶ Penny’s Whole Life plan will not expire as long as at any time during the 20-year term with no health
premiums are paid, providing her with life-long questions to answer. The premium for the whole
coverage. The whole life portion of the premium life plan will be based on their age at the time of
will be locked, providing a level death benefit and conversion.
fixed premium for life based on her current age. ▶ Strong Start™ Term to Age 26 Convertible Term
▶ Penny’s 20-Year Term Rider and Thomas’ 20-Year Life Insurance plan has four specific conversion
Term Spouse Rider can each be fully or partially opportunities to change to permanent coverage for
converted (changed) to permanent whole life cov- the same death benefit amount with no health ques-
erage any time within the 20-year term with no tions. The premium for the new whole life plan will
health questions asked. Their new premium(s) will be based on their age at the time of the conversion.
be based on their age at the time of the conversion. If it is not converted, Strong Start term coverage will
▶ The Children Term Rider provides convertible term terminate when the insured reaches age 26.
coverage for each child which can be converted
(changed) to whole life protection with up to five In this scenario, each family member will have the
times the rider death benefit amount and no health convenience and affordability of their own term life
questions to answer when they reach age 25. The insurance. However, if they don’t convert to whole life
whole life premium will be based on their age (25) coverage, coverage under each of their plans will ter-
at the time of conversion. minate at the end of the individual terms.

With this approach, if Penny were to die within the Guarantee for the future
first 20 years of her coverage, Thomas and each of the Purchasing convertible term life insurance through
children would need to convert their term rider cover- Woman’s Life — either as riders on a whole life plan
age to new whole life plans in order to take advantage or as stand-alone coverage — helps protect the family
of the guaranteed conversion opportunity. today from financial burdens that could arise if the
worst were to happen. It also provides added peace of
Scenario two: individual planS for each family mind knowing each family member can convert to a
member whole life plan in the future — guaranteed.
Thomas and Penny might also consider individual term
life insurance plans for each family member. With this find a plan deSiGned for your needS
approach, if something happened to one family mem- If you or someone you know is considering life insur-
ber, the coverage for the others would not be affected. ance, speak with your Woman’s Life Representative
or call Woman’s Life at 800-521-9292 ext. 261. We’ll be
Penny, $300,000 level death benefit happy to help you protect your family’s secure finan-
age 30 20-Year Convertible Term Life Insurance cial future.
$24.30/month
This article is intended for educational use only and is not intended
to make any specific recommendations. These premium examples
Thomas, $300,000 level death benefit are based on non-tobacco rates effective July 1, 2023, and include
age 31 20-Year Convertible Term Life Insurance a monthly modal factor. Please consult with your Woman’s Life
$28.62/month Representative or financial advisor regarding your situation.
®
The purchase of Intuitions Whole Life or Term Life insurance
Aaron, $25,000 level death benefit or the purchase of riders is subject to proof of insurability and
age 8 Strong Start™ Term to Age 26 underwriting. Conversion of term life insurance must take place
Convertible Term Life Insurance while the term coverage is in force and is subject to the age and
$10.69/month minimum face amount requirements of the permanent plan(s)
available at the time of the conversion.
Like most insurance products, these plans and riders contain
Stephanie, $25,000 level death benefit exclusions, limitations, or reductions of benefits, termination
age 5 Strong Start™ Term to Age 26 provisions, and terms under which the certificate may be continued
Convertible Term Life Insurance in force or discontinued. Riders are subject to limits with regard to
$10.49/month issue and benefit age, duration, and amount. Contact Woman’s
Life Insurance Society or your Woman’s Life Representative for
Total monthly premium for the entire family: $74.10 costs and complete details.
Intuitions Whole Life Insurance ICC18 M18-3500 WL;
®
Intuitions Non-renewable Convertible Term Life Insurance
®
▶ Intuitions 20-Year Non-Renewable Convertible ICC19 M19-3700 TERM; Strong Start™ Term to Age 26
®
Term Life Insurance can be converted (changed) Convertible Term Life Insurance ICC22 M22-2600 YT. Plans and
to a permanent whole life plan with Woman’s Life riders are not available in all states.

FALL 2023 WOMANSLIFE.ORG 5