Simplified Issue Plan What is Simplified Life Insurance? The Royal Arcanum Simplified Issue Plan is permanent whole life insurance for those aged 20 - 85 (may be limited in some states). Full underwriting is not required: there are only 7 medical questions, without a medical exam being required.
Benefits Once issued, premiums will never increase, and the death benefit will never decrease. Cash values accumulate over time. The full face amount is payable in the first year.
Face Amounts The minimum face amount is $2,500 for ages 20 - 85 (the maximum issue age for the state of Washington is age 65). The highest face amount is $50,000 for those through age 69. The maximum for ages 70 - 85 is $25,000.
Guaranteed Death Benefit Your chosen beneficiary will receive the full face amount of your policy as long as your premium payments are current. Membership The insured will become a member of the Royal Arcanum and provide full membership benefits, including social functions, charitable event participation, and access to the Royal Perks program. Details are available here.
Convenient Payment Plans Premiums may be paid quarterly, semi-annually, or annually. Monthly payments can be paid with automatic checking account withdrawals with Check-o-matic or by credit card.
This is a great way to become a member of the Royal Arcanum without the requirement of a medical exam.
Please contact the home office to find out more about this or any of our other products.
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