20 Year Endowment Plan
A modification of whole life insurance. Premiums can be made monthly, quarterly, semiannually, or annually, with the certificate maturing in twenty years. The face amount of insurance is in force for twenty years. At the certificate’s maturity, the insured has the following choices:
✧ Take immediate payment of the face amount
✧ Take immediate payment of a portion of the face value and a paid-up certificate for the face amount of the existing certificate
✧ Choose a paid-up certificate for a larger face value.
A member with a 20 Year Endowment Plan is entitled to all the Fraternal Benefits of the society.
• Education Benefits
• Prescription Discount Card
• Activities (Youth/Adult)
• Official Publication
• Newborn Benefit
• Discount Car Rental
Issue ages are 0 through 70
The Society reserves the right to require a medical examination on any applicant. Death benefit payable in full upon issuance of the certificate to the member while in good health, and upon full payment of first premium. Application must be completed, properly signed by the applicant and a licensed representative. The Ladies Pennsylvania Slovak Catholic Union is a Fraternal Benefit Society incorporated under the laws of the Commonwealth of Pennsylvania. It was organized in 1898 in Hazleton, PA. Home Office is located in Wilkes-Barre, PA. The Society is licensed in the following States: Pennsylvania, Ohio, Indiana, Illinois, Michigan, New Jersey, Connecticut and Massachusetts
