Single Premium Whole Life

Pathway Standard - Everyone qualifies for this plan. It is issued from age 0 through 95. There are no medical questions to be answered. The face amount of the policy is payable if death occurs beginning with month seven. A reduced benefit is payable if death occurs during the first six months. The Standard plan may receive face amount increases at each policy anniversary and they are based on interest compounded annually. These face amount increases are prorated to the month of death beginning month 7.

Pathway Plus - Everyone qualifies for this plan. It is issued from age 0 through 95. There are no medical questions to be answered. The face amount of the policy is payable if death occurs beginning with month seven. A reduced benefit is payable if death occurs during the first six months. The Plus plan may receive face amount increases at each policy anniversary and they are based on interest compounded annually.

Pathway Select - There are three simple medical questions that must be answered to qualify for Select issue. It is issued from age 0 through age 75. The Select plan gives a better death benefit to those who are in good health. The face amount of the policy is payable if death occurs from the issue date of the policy subject to the contestability period. The Select plan may receive face amount increases at each policy anniversary and they are based on interest compounded annually. These face amount increases are prorated to the month of death beginning the first month.

Multiple Payment Whole Life

Three simple medical questions need to be answered and all plans can be issued on a 3, 5, 7, and 10 year basis. They all can be paid for on an annual, semi-annual, quarterly, or monthly basis. Issue ages are from 0 through 70. Face amount increases may be paid at the end of each year and are based on simple interest.

Pathway Standard - The death benefit for the Standard Plan is paid as follows:

• 3 Pay - 50% of the death benefit is payable if death occurs in the first year, 100% is paid thereafter.
• 5, 7 & 10 Pay - 30% of the death benefit is payable if death occurs in the first year, 70% in the second year, and 100% is payable thereafter.

Pathway Select - The face amount is payable from the issue date of the policy.

Pekin also offers a tax-deferred flexible premium annuity at all ages. Many times it is used when the insured is older than the issue ages allowed for life insurance, or if the insured is unable to make regular premium payments as required under our multi-pay plans.