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Thirteen different forms of Life Insurance present by North Coast Life

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    Versatile Life ®

 

Thirteen different forms

Versatile Life is a series of interest-sensitive whole life plans with many of the features found with universal life plans. North Coast Life is the only company with a complete "family" of these exciting plans, all utilizing the same basic policy form structure to meet the insured's specific needs.

  • Versatile Life
  • How the policy works
  • The policy provisions
  • Policy Riders

  •  Limited Pay
      This feature assumes the current interest rate remains the same for the life of the plan.

    Versatile Life has the following 13 Plan types

     LP1
      Single premium life insurance policy (limited pay plan).
     LP3
      Limited pay plan in 3 years.
     LP5
      Limited pay plan in 5 years.
     Special LP6
      Preferred risk, limited pay plan in 6 years for larger face amounts. Among the most competitive on the market.
     LP7
      Limited pay plan in 7 years.
     LP10
      Limited pay plan in 10 years.
     Special LP11
      Preferred risk, limited pay plan in 11 years for larger face amounts. Among the most competitive on the market.
     LP15
      Limited pay plans in 15 years. One of our most popular limited pay plans.
     LP15-JL
      Joint Life. Limited pay plan in 15 years covering two lives. A first to die plan.
     LP20
      One of our most popular limited pay plans, in 20 years.
     OL
      Ordinary Life. Premiums payable for life.
     IB
     

    Increasing Benefit. A limited pay level premium policy with premiums projected in 20 years with the death benefit increasing 5% a year for 20 years causing the overall benefit to double. This product is designed to keep life insurance protection comparable with inflation.

     
     TG
     

    Tri Guard. A limited pay plan with premiums payable for approximately 15 years which provides an insurance amount three times the ultimate amount for 10 years or age 55, whichever is first; two times the ultimate amount years 11 through 20 or age 65, whichever is first; and the ultimate amount thereafter. Conversion of the amounts being reduced are provided. The cost per thousand competes with annual renewable term plans.

     

     

      
     
    North Coast Life Insurance
    1116 West Riverside Avenue
    Spokane, WA 99201
    Toll-Free (800) 541-5858
    Local (509) 838-4235
    Fax (509) 747-8569
    Hours: Mon-Fri 8-5, Pacific
     
     
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