Why Simplified Issue Whole Life Insurance (SIWL)?
Many families experience financial problems with unexpected expenses after the death of a loved one, such as funeral costs, medical bills or other outstanding debts.
Path Protector Plus® Simplified Issue Whole Life Insurance
With Simplified Issue Whole Life from Illinois Mutual, you can easily apply for a simple and effective plan that can help ensure your surviving loved ones aren’t financially burdened by final expenses related to your death.
How SIWL Works
If you are between the ages of 45 and 85, and looking for $5,000 to $50,000 of whole life coverage, SIWL can provide an income tax-free benefit1 to help your family pay:
Your policy benefits may also be used to help:
Support a grandchild’s college education
Provide income to your survivors
Arrange for a charitable gift
Create an endowment fund for your church or non-profit organization
More Advantages of Simplified Issue Whole Life Insurance:
Helps ease the financial burden on your loved ones after you’re gone
Easier to qualify for than many other types of life insurance
Premiums are guaranteed to never increase
Death benefit is guaranteed to never decrease2
Policy will remain in force as long as premiums are paid
Income tax-free death benefit1