Insurance - Yearly Renewable Term - William Penn Association

Yearly Renewable Term

A William Penn Association Yearly Renewable Term Plan offers you a low-cost means of beginning a plan of protection or of enhancing your current insurance coverage when your family's needs may be the greatest.

With this flexible plan, you can keep your coverage as long as you feel is necessary by renewing your policy annually. Or, at renewal time, you can convert your coverage to any permanent plan of life insurance then being offered by the Association.

Frequently Asked Questions

What if I lose my Certificate (Policy)?

As Primary Beneficiary, if someone dies, what do I do?

How do I change my Beneficiary?

What should I do if I move?

I did not receive a Premium Due Notice (or it was lost), what do I do?

How do I change my Name on my policy

For a full FAQ list click here.

Issue Ages: 16 - 70

Minimum Issue:
Ages 16 - 50 - $25,000
Ages 51 and over - $10,000
When used as a Rider - $10,000

Accidental Death Benefit: Issued Ages 16 - 65

Waiver of Premium Benefit: Issued Ages 16 - 55

Certificate Fee:
$50 for Face Amounts under $100,000
$25 for Face Amounts of $100,000 and Up
No Certificate Fee when used as a Rider

Other Info

Please join our Association by purchasing a Life Insurance Certificate (Policy) today. We will be happy to have you as a New Member of the William Penn Association.

We are licensed in the following states:

CA, CT, DC, FL, IL, IN, KY, MD, MA, MI, MO, NE, NJ, NY, OH, PA, VA, WV, and WI. To see a list of agents in your area, click here.