Advantage Plus Whole Life is a cash value policy that offers the option of 20 pay whole life or pay to 100 whole life. You may also qualify to receive dividends from this policy. Foresters has a solid dividends record even during times when the stock market has been down over 25%.
During those difficult times, in the past, Forester’s dividends were 7.9%. Foresters PlanRight has three plans to choose from:
- Level benefit
- Graded benefit
- Modified benefit
PlanRight Level Benefit offers a full death benefit payout from the first day of an active policy which is available for ages 50 to 85. A maximum face amount of $35,000 is available for those up to 80-years-of-age and a face amount of $15,000 for those between the ages of 81 to 85.
PlanRight Graded Benefit. Should you pass away in the first two years, the policy pays 30% of the face amount in the first year and 70% in the second year. This plan is available for those between the ages of 50 to 85 with a maximum amount of $20,000 up to age 80 and a maximum amount of $10,000 for ages 81 to 85.
PlanRight Modified Benefit pays out a return of premium, plus 10% if you pass away within the first two years. This is available for ages 50 to 80 with a maximum face value of $15,000. If these plans interest you, please give us a call we would be glad to go over the details with you.
Learn more: Foresters company review