Jet Whole Life Insurance
Jet Single Premium Whole Life
Jet Youth Whole LIfe
Jet Whole Life
Empowering Women to Inspire Meaningful Change
For more than 125 years, Royal Neighbors has served the needs of its members, women, their families and communities, not only by providing financial security but through its platform for philanthropy.
Why Choose Royal Neighbors for Life Insurance?
Choosing Royal Neighbors is about aligning yourself with a mission-driven organization that’s committed to your financial well-being and to the betterment of society. Our life insurance products and member programs are tailored to your unique needs, ensuring that you have the protection you and your loved ones deserve. When you become a Royal Neighbor, you become an integral part of a movement that supports women, serves communities, and strives to make the world a better place.
Supporting Communities with Purpose and Compassion
Located across the country, our chapters are changing communities through their volunteer and philanthropic work in their local neighborhood.
Jet Single Premium Whole Life
Empowering Women to Inspire Meaningful Change
For more than 125 years, Royal Neighbors has served the needs of its members, women, their families and communities, not only by providing financial security but through its platform for philanthropy.
Jet Youth Whole LIfe
Why Choose Royal Neighbors for Life Insurance?
Choosing Royal Neighbors is about aligning yourself with a mission-driven organization that’s committed to your financial well-being and to the betterment of society. Our life insurance products and member programs are tailored to your unique needs, ensuring that you have the protection you and your loved ones deserve. When you become a Royal Neighbor, you become an integral part of a movement that supports women, serves communities, and strives to make the world a better place.
Jet Whole Life
Supporting Communities with Purpose and Compassion
Located across the country, our chapters are changing communities through their volunteer and philanthropic work in their local neighborhood.
Jet Single Premium Whole Life Insurance
Form Series 241812
Secure Your Legacy. Simplify Your Future.
You’ve worked hard to build a secure future, and you’re ready to pass on your financial legacy. Whether it’s for your loved ones or a favorite charity, #1 Jet Single Premium Whole Life (SPWL) Insurance helps ensure your legacy is maximized quickly and conveniently.
Fast Approval Process
With Jet SPWL, securing your coverage has never been easier. Our streamlined electronic Jet e-App process means you can apply in just minutes, without a medical exam – offering faster approval, greater convenience, and accessibility for busy individuals or those looking for a smooth application process.
Jet SPWL may be right for you if:
- You are between the ages of 40 and 85.
- You have at least $5,000 set aside to leave to loved ones.#2
- You want a fast, hassle-free application and approval process.
Jet SPWL: Lifetime benefits, flexible access, and giving back.
You have access to funds in an emergency:
The Liquidity Feature #3 provides a valuable opportunity to access a portion of your Certificate’s cash value when you need it most. Whether it’s for an unexpected expense or a significant milestone, this one-time feature ensures financial flexibility while preserving your Certificate’s long-term benefits. With a straightforward process, it’s a powerful tool to address life’s changing needs.
You can add an Accelerated Death Benefit Rider #4 at the time of issue, at no additional premium. Riders consist of:
- Critical Illness Rider (Form Series 181591CR)
- Chronic Illness Rider (Form Series 181591CH)
- Terminal Illness Rider (Form Series 181591T)
You can also access the cash value through a certificate loan if the need arises. #5
Give to a charity that is meaningful to you, at no additional cost to you:
Amplify your impact when you select the Charitable Giving Rider #6 at the time of application. Royal Neighbors of America will donate an amount equal to the lesser of 1% of the insurance certificate’s face amount or $1,000 to a charity from a pre-approved list when the insured passes. This allows you to make a lasting impact to a cause you care about.
Additional benefits you receive with Jet SPWL:
- Guaranteed death benefits and cash value.
- A simple, one-time premium payment.
- Your beneficiaries receive income tax-free proceeds.
- Avoid the delays and expenses of probate.
Disclosure
- Owner may designate up to 20% of the death benefit to charity.
- Coverage issue ages and premium amounts will depend on whether the applicant qualifies for Preferred, Standard, or Substandard underwriting classes. Standard underwriting class was used in example.
- The Certificate Owner can request a one-time partial surrender of the available cash surrender value any time after the second Certificate Year. Limitations and restrictions apply. An Administrative Fee will be deducted from the partial surrender amount at the time of payment. When a Partial Surrender is paid, the Face Amount will be reduced by the same percentage as the reduction of the Cash Value of the Certificate. Talk to your agent for specific details. Partial Surrenders on Certificates classified as Modified Endowment Contracts (MEC) are taxable and may be subject to an IRS penalty tax if made prior to age 59 ½. Royal Neighbors does not provide legal, accounting or tax advice. Consult your attorney or tax professional before requesting a partial surrender.
- ACCELERATED DEATH BENEFITS ARE NOT HEALTH, DISABILITY OR LONG-TERM CARE INSURANCE NOR ARE THEY INTENDED TO REPLACE HEALTH, DISABILITY, OR LONG-TERM HEALTH INSURANCE. Not available in all states. Limitations and restrictions apply. Receipt of accelerated benefits may have tax consequences. Talk to your agent for specific details.
- Interest will be charged on the loan. Interest is payable at the end of each Certificate year. An outstanding loan will reduce the death benefit if not repaid in full, or the cash value if the Certificate is surrendered for cash. Additionally, an outstanding loan could potentially terminate the Certificate if the principal plus accrued interest equals or exceeds the cash value of the Certificate. A Single Premium Whole Life Plan can be a Modified Endowment Contract (MEC). Lifetime benefits paid to the Owner of this Certificate through the loan provision may be subject to taxation. Consult with your tax advisor about the potential impact of any loan.
- Charitable Giving Rider (Form Series 221113): This rider provides an additional Charitable Benefit Amount, to be paid by Royal Neighbors of America in a single lump sum to a charity chosen by the certificate owner at the time of the insured’s death. The charitable benefit amount will be the lesser of 1% of the face amount of the life insurance certificate, or $1,000. No additional premium required. Not available in all states.
Royal Neighbors of America® (NAIC #57657), is an Illinois corporation and is licensed in all states and the District of Columbia, except AL, AK, HI, LA, MA, NH, NY. Not all products are available in all states. Contractual provisions and limitations may vary by state. Royal Neighbors contracts are not FDIC insured, and are not a deposit account and may lose value. Jet Single Premium Whole Life (Form Series 241812).
Youth Whole Life Insurance
Form Series 211811
Financial Security for Their Future
Youth Whole Life Insurance provides lifelong coverage with a locked-in premium, ensuring financial stability from an early age. As the policy builds cash value over time, it can serve as a financial resource for future needs, such as education expenses, a first home, or unexpected emergencies.#7
Did you know the cost to buy life insurance increases with age?
Age is one of the key factors in determining the cost of life insurance premiums. Buying life insurance for your child now will lock in premiums that are lower than if she or he buys it at an older age.#8
A Lasting Gift of Protection
Giving a child a whole life insurance policy can be a meaningful way to invest in their future. Beyond providing a guaranteed death benefit, it can establish a foundation of financial responsibility and security. The policy’s cash value can grow tax-deferred and can be accessed later in life, offering a head start on financial independence. It’s a lasting gift that offers peace of mind today and financial advantages for years to come.
Select from two payment options:
- You can make fixed premium payments for 20 years. Because the payments are compressed into 20 years, the payments will be higher but you will not need to worry about paying a premium after this initial 20 years.
- You (or eventually your child who can take over making payments on the coverage as early as age 21) can make fixed premium payments until the child reaches the age of 21. Because the payments are spread out over the child’s entire life, the premiums are lower.
Disclosure
- Like any loan, interest will be charged. An outstanding loan will reduce the death benefit, if not repaid in full, or the cash value if the Certificate is surrendered for cash. Additionally, an outstanding loan could potentially terminate the Certificate, if the principal plus accrued interest equals or exceeds the cash value of the Certificate. Tax penalties may apply.
- Parent signature is required if Proposed Insured is a minor. If face amount is greater than $25,000, other grandchildren must have similar amounts of coverage. NOTE: For issue ages 0-15, petitioner rules apply. Petitioner rules state that through age 16, the petitioner exclusively controls the Certificate. When minors reach ages 16-20, the Certificate becomes jointly controlled between petitioner and insured minor. At age 21, the Insured gains full control of Certificate.
Not all cases can be approved within minutes. Some cases may require underwriter review and/or a medical exam.
Certificates and riders are not available in all states. Contractual provisions and limitations may vary by state. Subject to reinsurance and underwriting requirements. Subject to contestable period.
Royal Neighbors Jet Youth Whole Life Insurance (Form Series 211811).
Royal Neighbors of America® (NAIC #57657), is an Illinois corporation and is licensed in all states and the District of Columbia, except AL, AK, HI, LA, MA, NH, NY. Not all products are available in all states. Contractual provisions and limitations may vary by state. They are not insured by the FDIC or any federal government agency. They are not a deposit and may lose value.
Jet Whole Life Insurance
Form Series 211811
Life changes quickly – your family grows, your job responsibilities increase, and your retirement income planning needs attention. As your life evolves, it’s important to understand how you can financially protect your family.
Life insurance can protect your loved ones’ financial future after you’re gone. Whole Life Insurance offers premium amounts that won’t change, and the ability to accumulate cash value.
Customize your coverage
Riders are available to customize life insurance coverage based on your individual needs. These riders may add to the cost of the insurance.
Jet Whole Life can offer many benefits:
- It provides coverage for your entire life at fixed payments.
- It will accumulate a guaranteed cash value that grows at a guaranteed rate, and can be accessed in the form of a loan.#9
- Death benefits are guaranteed as long as premiums paid.
- Jet Whole Life offers speedy application approval.#10
Disclosure
- Like any loan, interest will be charged. An outstanding loan will reduce the death benefit, if not repaid in full, or the cash value, if the Certificate is surrendered for cash. Additionally, an outstanding loan could potentially terminate the Certificate, if the principal plus accrued interest equals or exceeds the cash value of the Certificate. Tax penalties may apply.
- Not all cases can be approved within minutes. Some cases may require underwriter review and/or a medical exam.
Certificates and riders are not available in all states. Contractual provisions and limitations may vary by state. Subject to reinsurance and underwriting requirements. Subject to contestable period.
Royal Neighbors of America® (NAIC #57657), is an Illinois corporation and is licensed in all states and the District of Columbia, except AL, AK, HI, LA, MA, NH, NY. Not all products are available in all states. Contractual provisions and limitations may vary by state. They are not insured by the FDIC or any federal government agency. They are not a deposit and may lose value.
