Life insurance isn’t just for somebody
it’s for everybody.

The unexpected happens. But you can go live life with peace of mind, knowing that The Family Security Plan® Whole Life Insurance will help your family financially when you’re gone. It’s all about choosing to provide tomorrow’s protection today.

How does Whole Life Insurance work?

Whole Life Insurance provides the amount of coverage you choose for your entire life and enrollment is available to qualified individuals, up to age 80. As long as you pay your premiums, your beneficiaries will receive the benefit amount upon your death.

Why Whole Life Insurance?

Whole Life Insurance provides one way to help your family maintain their standard of living should something happen to you. It is permanent, “lifelong” insurance that will never expire as long as you pay your premiums. Additionally, Whole Life Insurance builds a cash value that offers you the option to borrow against your policy. You can count on your Whole Life Insurance premium never increasing, and the benefit never decreasing1. Benefits are affordable and getting covered is quick and easy.

How do I qualify?

Applying for coverage is simple: all you have to do is fill out the application and truthfully answer a few qualifying questions. Approval of the coverage or payment of benefits will depend upon the accuracy you provide in the application.

Plan for tomorrow today with these “Living” Benefit Riders

Riders are insurance policy provisions that allow you to personalize your coverage.

Dependent children can be covered for a maximum of $10,000 for as little as $.17 per day.

If a physician determines that the insured is terminally ill (has a life expectancy of 12 months or less), the policyowner may access up to 75% of the policy’s death benefit. 1

Automatically included for those who are 55 years old and younger. The monthly premium will be paid in the event that the insured becomes totally disabled and the conditions as specified in the rider are met.

Automatically provides the policyowner with an option to purchase additional insurance protection without having to reapply.

Provides access to a portion of the life insurance policy death benefit if the insured becomes chronically ill and requires substantial personal care assistance. Proceeds may be used for any purpose, such as paying medical expenses, home care, nursing facility care, transportation, etc.

The Family Security Plan® Whole Life Insurance features:

  • Flexible Benefits and Affordable Rates

    You can choose the death benefit amount that gives you peace of mind and the premium amount that will fit your budget.

  • Family Coverage

    Your spouse, for as little as $3 a week, your grandchildren and great-grandchildren, for $2 a week per child, and even your parents are all eligible for Whole Life Insurance.

  • Immediate Coverage

    You are covered as soon as you accurately fill out, sign your application and authorize payment.

  • Convenient Premium Payment

    There are no bills to watch for or checks to mail. Premiums are conveniently paid automatically from the financial institution of your choice.

  • Permanent Insurance Protection

    The policy is yours to keep by continuing to pay premiums, even if you have a change in employment or health.

  • Full Portability

    You can keep your coverage at the same cost if you change jobs or retire.

  • Guaranteed Cash Values

    Whole Life Insurance contains a guaranteed cash value feature. Payment of the scheduled premiums will produce guaranteed cash values, much like the equity in your home. There are a number of benefits to this cash value feature:

    1. 1. It is tax-deferred and you can use it by taking a policy loan1.
    2. 2. Or you could elect to keep the policy and allow the cash value to grow.
  • Paid-Up Coverage

    Paid-up life insurance allows you to keep your policy without paying any additional premiums. Once you have built up a cash value in your policy, you can use your cash value to purchase a reduced policy amount, and make no further premium payments.

Seniors need Whole Life Insurance, too!

As you age, your life insurance needs may change, but Whole Life Insurance can still serve a number of purposes.

Your beneficiaries can use it to help pay:

  • Funeral costs, which can average between $7,000 - $20,000.

  • Medical bills, which add up quickly and become overwhelming.

  • Remaining mortgage and credit card debt.

And there are benefits for you, too:

  • The ability to borrow from your accumulated cash value when you need to.

  • The knowledge that you may provide financial protection for your spouse or remaining dependents.

  • Peace of mind.

An Affordable Solution to Help You Plan for Your Golden Years

  • Life insurance coverage that fits your lifestyle and budget.

  • An excellent stand-alone policy to supplement your existing coverage.

  • Financial protection for when life happens.

  • A benefit that never decreases, a premium that never increases. 1

  • Funds to help cover outstanding medical bills, mortgage payments, credit card balances and other debts. Your beneficiary(ies) can use the funds for any purpose (lost social security income, final expenses, etc.).

  • Peace of mind for you and your loved ones knowing that financial assistance will be there when you need it most.

  • A federal income-tax-free lump-sum payment to your spouse or other beneficiary(ies).


1 Loans from the policy will reduce the death benefit and cash surrender value and may cause the policy to lapse. See your policy's loan section for details.

2 Limitations and Exclusions: The insured must meet the same employment and health conditions he or she met on the original date the insurance was taken and must agree to pay the additional premiums for additional insurance provided under the rider. The insured/owner will be notified 120 days prior to the effective date of the increase in coverage, and he or she must notify the Company at least 90 days prior to the first or second year policy anniversary, as applicable, if he or she does not meet the rider conditions or wishes to decline the additional insurance. See the rider form for limitations, restrictions and other details.

3 Receipt of accelerated death benefits from the Terminal Illness Options Accelerated Benefit Rider or the Chronic Care Rider (or Chronic Illness Accelerated Death Benefit Rider) may be taxable or may affect eligibility for public assistance programs. There is no separate premium charge to add either rider. The accelerated benefit payment will be reduced by an actuarial discount and administrative charge when the benefit is paid.

4 Chronically ill means the insured is expected to require continuous care for the remainder of his or her life in an eligible facility or at home, and be unable to perform two of the six activities of daily living without substantial assistance, or suffers from a severe cognitive impairment requiring substantial supervision to protect him/her from threats to health and safety.

When activated the amount eligible for acceleration depends on the face amount of the policy and on IRS limits. The maximum benefit for acceleration is 25% of the death benefit. (Florida permits a on-time acceleration of up to 90% of the death benefit). The maximum benefit paid will be limited to allow for a minimum death benefit of $1,000 for the beneficiary.

The Chronic Care Rider (or Chronic Illness Accelerated Death Benefit Rider) is not long-term care. This product is a rider to a life insurance policy that accelerates the death benefit on account of chronic illness and is not a health insurance policy providing long-term care insurance subject to the minimum requirements of New York or any other state law, does not qualify for the New York State Long-term Care Partnership Program, or other similar programs of other jurisdictions and is not a Medicare supplement policy.

Insurance product not available in all states. Schmitt-Sussman Enterprises, Inc. dba PFP, NPN #953614