Plan
- Payment Period
- Maturity
- Underwriting Classes & Issue Ages
- Product Strength*
- Policyowner Profile
- Key Features:
- Minimum Death Benefit
- Dividends*
(if payable) - Dividend Options:
- Guaranteed Cash Value*
- Guaranteed Premium*
- Policy Loans
- Continuous Pay (CP) – WL Series 100 Explore Your Options
- To Age 121
- Age 121, with a no-cost policyowner option to extend
- Aggregate (Juvenile), 0-17
Preferred Non-Tobacco, 18-85
Non-Tobacco, 18-85
Tobacco, 18-85 - Death benefit protection with guaranteed cash value accumulation. Illinois Mutual's lowest cost whole life policy
- Designed for those looking for simple, affordable, and guaranteed whole life coverage
- $10,000 for issue ages 0-44
$35,000 for issue ages 45-85 - Any dividends paid are based on the level of premiums paid and the guarantees contained in the policy. Dividends are not guaranteed and are payable at the discretion of Illinois Mutual. The Path Protector Plus® Whole Life portfolio was designed with varying dividend structures to meet individual needs. Dividends are not affected by policy loans.
Low - Purchase Paid Up Additions
Cash
Accumulate at Interest
Reduce Premium
One-Year Term (must be selected at issue) - Guaranteed build-up; Lowest level
- Lowest premium Path Protector Plus® Whole Life plan
- Choice between a fixed 6.5% rate payable in arrears or a variable rate for the life of the policy. Unpaid interest will be added to the loan principal and bear interest at the same rate. Loans that are not repaid and any accrued interest reduce the policy’s death benefit. Accumulating cash value sufficient for policy loans often takes several years. Outstanding loans upon policy termination other than due to death may be taxable.
- Continuous Pay (CP) – WL Series 200 Explore Your Options
- To Age 95
- Age 95, with a no-cost policyowner option to extend
- Aggregate (Juvenile), 0-17
Preferred Non-Tobacco, 18-85
Non-Tobacco, 18-85
Tobacco, 18-85 - Offers all the perks of the CP Series 100 with a lower maturity age and higher expected dividends to help build policy value faster
- Designed for those who want more from their coverage, but may have budget constraints that won’t allow a limited pay option
- $10,000
- Any dividends paid are based on the level of premiums paid and the guarantees contained in the policy. Dividends are not guaranteed and are payable at the discretion of Illinois Mutual. The Path Protector Plus® Whole Life portfolio was designed with varying dividend structures to meet individual needs. Dividends are not affected by policy loans.
Moderate - Purchase Paid Up Additions
Cash
Accumulate at Interest
Reduce Premium
One-Year Term (must be selected at issue) - Faster guaranteed build-up; Cash value equals death benefit at age 95
- Second lowest premium Path Protector Plus® Whole Life plan
- Choice between a fixed 6.5% rate payable in arrears or a variable rate for the life of the policy. Unpaid interest will be added to the loan principal and bear interest at the same rate. Loans that are not repaid and any accrued interest reduce the policy’s death benefit. Accumulating cash value sufficient for policy loans often takes several years. Outstanding loans upon policy termination other than due to death may be taxable.
- Limited Pay (LP) – WL Series 100 Explore Your Options
- 30 Years
- Age 121, with a no-cost policyowner option to extend
- Aggregate (Juvenile), 0-17
Preferred Non-Tobacco, 18-65
Non-Tobacco, 18-65
Tobacco, 18-65 - Death benefit protection with guaranteed cash value accumulation while maintaining a focus on lower premium than the LP Series 200
- Designed for those who value a budget-friendly limited pay plan with the guarantees and dividend potential found in a participating whole life policy
- $25,000
- Any dividends paid are based on the level of premiums paid and the guarantees contained in the policy. Dividends are not guaranteed and are payable at the discretion of Illinois Mutual. The Path Protector Plus® Whole Life portfolio was designed with varying dividend structures to meet individual needs. Dividends are not affected by policy loans.
Moderate - Purchase Paid Up Additions
Cash
Accumulate at Interest
Reduce Premium - Faster build-up due to limited pay structure
- Second highest premium Path Protector Plus® Whole Life plan
- Choice between a fixed 6.5% rate payable in arrears or a variable rate for the life of the policy. Unpaid interest will be added to the loan principal and bear interest at the same rate. Loans that are not repaid and any accrued interest reduce the policy’s death benefit. Accumulating cash value sufficient for policy loans often takes several years. Outstanding loans upon policy termination other than due to death may be taxable.
- Limited Pay (LP) – WL Series 200 Explore Your Options
- 20 Years
- Age 121, with a no-cost policyowner option to extend
- Aggregate (Juvenile), 0-17
Preferred Non-Tobacco, 18-65
Non-Tobacco, 18-65
Tobacco, 18-65 - Offers all the perks of the LP Series 100 with faster cash value accumulation
- Designed for those seeking high early cash values and policy growth to supplement their savings with a tax advantaged vehicle
- $25,000
- Any dividends paid are based on the level of premiums paid and the guarantees contained in the policy. Dividends are not guaranteed and are payable at the discretion of Illinois Mutual. The Path Protector Plus® Whole Life portfolio was designed with varying dividend structures to meet individual needs. Dividends are not affected by policy loans.
High - Purchase Paid Up Additions
Cash Accumulate at Interest
Reduce Premium - Highest early cash values
- Highest premium Path Protector Plus® Whole Life plan
- Choice between a fixed 6.5% rate payable in arrears or a variable rate for the life of the policy. Unpaid interest will be added to the loan principal and bear interest at the same rate. Loans that are not repaid and any accrued interest reduce the policy’s death benefit. Accumulating cash value sufficient for policy loans often takes several years. Outstanding loans upon policy termination other than due to death may be taxable.
- Single Pay Whole Life (SPWL) Explore Your Options
- One-time premium payment
- Age 121, with a no-cost policyowner option to extend
- Aggregate (Juvenile), 0-17
Preferred Non-Tobacco, 18-85
Non-Tobacco, 18-85
Tobacco, 18-85 - Offers guaranteed death benefit protection and cash value accumulation with no future premiums
- Designed for those with lump sums that are not earmarked for other purposes
- $25,000 for issue ages 0-44
$35,000 for issue ages 45-85 - Any dividends paid are based on the level of premiums paid and the guarantees contained in the policy. Dividends are not guaranteed and are payable at the discretion of Illinois Mutual. The Path Protector Plus® Whole Life portfolio was designed with varying dividend structures to meet individual needs. Dividends are not affected by policy loans.
- Purchase Paid Up Additions
Cash
Accumulate at Interest
Reduce Loan - Choice between a fixed 6.5% rate payable in arrears or a variable rate for the life of the policy. Unpaid interest will be added to the loan principal and bear interest at the same rate. Loans that are not repaid and any accrued interest reduce the policy’s death benefit. Accumulating cash value sufficient for policy loans often takes several years. Outstanding loans upon policy termination other than due to death may be taxable.