ParPlus and ParPlus Junior by Assumption life are both participating whole life policies. Both policies allow coverage up to $4 million, and do not require a medical exam in order to qualify. Both policies have the option to be paid off in 20 years, and come with a valuable cash sum that can be used for a variety of needs.
Assumption Life ParPlus
Available for individuals ages 18 to 75.
Coverage amounts less than $250,000 do not require a medical exam.
Payable either for life, or have your policy paid up in 20 years.
Use your accumulated value of this policy as a cash flow or to reduce the cost of insurance.
Assumption Life ParPlus Junior
Available for children up to age 17.
Paid up in 20 years, after which it remains in force for life.
No medical exam required for amounts less than $250,000.
Guaranteed cash accumulation with annual dividend payments.
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