What is Single Premium Whole Life (SPWL)?
As its name implies, SPWL from National Catholic Society of Foresters (NCSF) is a single payment whole life insurance plan with one premium payment due at issue. The policy is then fully paid up and no further premiums are required. SPWL delivers many advantages to you:

	One premium for life – never pay another penny for your coverage.
	Guaranteed growth of cash values.
	Control of your money during your lifetime by access to cash values and loan options.
	Guaranteed death benefit to your beneficiaries which is income tax-free.*
	Opportunity to add a Guarantee Purchase Option Rider which allows the insured to increase insurance coverage $10,000 per option date; to a maximum of $50,000.
	Safety. Your benefit is secured by the financial strength of NCSF.

Who should consider purchasing SPWL?
While the advantages of an SPWL certificate make it appropriate for many different ages and situations, there are several groups who should strongly consider purchasing an SPWL certificate.

	Those who desire to maximize their wealth transfer and minimize tax impact on beneficiaries.*
	Children. NCSF’s SPWL can provide a child with lifetime insurance protection which has an increasing cash value.
	Individuals who want to make a substantial bequest to a church, school, or other charity.
	Anyone who desires lifetime insurance with one single premium.

How does SPWL compare?
There are many options available when it comes to placing your money where it will be most beneficial for you and your family. You may have funds at a bank in a passbook account or a CD. Perhaps you have a money market account or even an annuity. It’s important to investigate how these options compare to SPWL. Consider the table below.

SPWL gives you the ability to increase the amount of money you leave to your heirs, provides income tax advantages*, and allows you to control your money during your lifetime. It may well be the one product that will satisfy your multiple needs.

	NCSF SPWL	PASSBOOK SAVINGS	CD	MONEY MARKET
MARKET GUARANTEED DEATH BENEFIT	Yes	No	No	No
TRANSFERS TO BENEFICIARIES INCOME TAX FREE*	Yes	No	No	No
TAX DEFERRED ACCUMULATION	Yes	No	No	No
PROVIDES MEMBERSHIP & FRATERNAL BENEFITS	Yes	No	No	No
ELIGIBLE FOR CREDITOR EXEMPTION	Yes	No	No	No

* Consult your tax advisor regarding your individual situation.

How to Purchase
Please contact your local sales representative for information on acquiring a SPWL certificate for yourself or the people you care about. He or she will be able to discuss your current situation and make suggestions regarding the appropriateness of SPWL and / or other NCSF products.

If you do not have a local agent, please call the solutions center at the NCSF Home Office: 800-344-6273, ext 234. A representative will take your information and contact the appropriate regional sales manager who will assist you. We are here to serve you.

Product not available in all states.