Western Reserve Life Assurance Company of Ohio has been in business for over 50 years and has over $110 billion of life insurance currently in force.  The company is owned by Transamerica, maintains an “A” financial rating by A.M. Best, and is a member of the Insurance Marketplace Standards Assocation, promoting ethical conduct for life insurance and annuities.  Western Reserve has among the lowest rates in the industry for smokers life insurance, and is one of the lowest cost term life companies as well.  The following products are offered by Western Reserve:

WRL TermPlus – A term life insurance policy with death benefits and premiums fixed and guaranteed for your choice of 10, 15, 20, or 30 years.  Conversion options are available all the way up to age 70, and policies can be issued up to age 80.

WRL TermPlus with ROP – A return of premium life insurance policy with death benefits and premiums fixed and guaranteed for your choice of 20 or 30 years.  After the guaranteed term period expires, all premiums paid are returned to the owner of the policy.  The premiums for TermPlus with ROP are higher than the rates for the standard TermPlus.

WRL Universal Life – A universal life insurance policy featuring a cash value and flexible premiums.  Interest crediting rates are fixed and will never be less than the guaranteed minimum.

WRL Indexed Universal Life – A universal life insurance policy featuring a cash value and flexible premiums.  Interest crediting rates are tied to a stock index (such as the S&P 500), and offer the potential for a greater cash value accumulation than the standard universal life policy.  A minimum interest rate is guaranteed, and the interest credited will never be less than the minimum (and will never be negative).

CLICK HERE if you would like to instantly compare quotes from Western Reserve Life and more of the best life insurance companies. You can also give us a call at 1-888-972-0024 or CLICK HERE to send us an e-mail 24 hours a day.