With KSKJ Life, you have options*…
FOR YOU
KSKJ Life Single Premium Immediate Annuity (SPIA)
Convert matured funds into a monthly or yearly paycheck for life-a great solution to help supplement your retirement income.
FOR THEM
KSKJ Life Single Premium Whole Life Insurance (SPWL)
Leave a tax-free legacy for your loved ones with a policy that is fully funded after one premium payment.
Let’s see how a SPIA and SPWL works….
KSKJ Life Single Premium Immediate Annuity (SPIA)
KSKJ Life Single Premium Whole Life Insurance (SPWL)
By choosing to continue your financial journey with KSKJ Life, we can help navigate a path to a secure financial future for both you and your loved ones.
Call your agent or the home office at 844-407-9242 or simply fill out the form today!
Examples based on a 60-year old male, non-tobacco user.
*Exchanging an annuity contract for a life insurance policy is not a tax-free exchange according to current tax code, but life insurance can be funded with after-tax annuity distributions. Depending on the specific annuity contract, withdrawals may be subject to surrender charges and/or IRS penalties if taken prior to age 59 ½. We are not tax advisors and do not provide tax or accounting advise. Please contact a tax professional. 1) Example for a KSKJ Life 10-Year Period Certain with Life Contingency Single Premium Immediate Annuity. If the annuitant should die before the end of the 10-year specified period, payments will be paid to the designated beneficiary until the end of the 10-year period. Example calculated on current SPIA rate of 4.25% (beginning of period) effective 7.3.2023. Rates reviewed frequently and subject to change. Policy form SPIA 1/94. 2) Example for a KSKJ Life Single Premium Whole Life insurance policy. Subject to underwriting – total death benefit can vary based on applicant. Example benefit amount assumes no policy loans or withdrawals. The policy may be contested for 2 years from the date of issue for material misstatements or omissions on the application. Policy is limited to return of premium paid in the event of suicide within first two years. Policy form ICC17 SPWL 11-16. KSKJ Life is an Illinois Fraternal Benefit Society located at 2439 Glenwood Ave., Joliet, IL 60435. Guarantees rely on the financial strength and claims-paying ability of KSKJ Life. Not FDIC insured. Not available in all states. By contacting a KSKJ Life agent or the Home Office, you may be offered information about purchasing life insurance products.