Our Affordable Products

Among the varied life insurance and annuity products available, you can be sure that your specific requirements will be met.

Our knowledgeable WBF Professional Sales Representatives will provide you with a personal needs analysis to:
    • Identify your objectives, and
    • Offer a life or annuity plan to accommodate your particular requirements.

Workmen's Benefit Fund is accepting new business in the following states:

Connecticut

Florida

Illinois

Maryland

Massachusetts

New Jersey

New York

Pennsylvania

Wisconsin

 

Please note that not all products are available in all states.

Your WBF Representative can help you choose the best plan for you and your family.

 

Affordable Life Insurance

Buying life insurance is one of the most important purchases you can make. You are starting on the road that will pave the way to future financial security for your loved ones. WBF offers a variety of competitive life insurance plans for the entire family. Our professional WBF Sales Representative can help you choose the best plan for you to meet your needs.

 

Final Expense Plan provides a level death benefit with simplified underwriting.  For individuals ages 45 through 80, this special plan is available in Florida, Illinois,  Massachusetts, New Jersey, New York, Pennsylvania and Wisconsin.  

Issue Ages

 

Insurance Coverage

45 64

 

$5,000 $25,000

65 74

 

$5,000 $20,000

75 80

 

$5,000 $15,000

Please contact our Sales Department at (516) 938-6060 for information concerning our affordable rates.  We will furnish you with a rate quote over the telephone.

Life Paid-Up at Age 80 - Traditional permanent coverage with level premiums, which will become paid-up at age 80, with guaranteed cash values. Available for ages 0 - 80. Minimum issue amount of $5,000.

 

Single Premium Life - One payment prepays the policy premium for life. The discerning buyer will think of this policy as a lifetime of protection with just one payment. Available for ages 0 - 85. Issue amounts range from  $2,000 to $50,000. This plan can be structured for pre-paying funeral expenses. 

Guaranteed Issue Life - No medical questions asked! Issue amounts of  $1,000 to $15,000. Age requirements may vary by state with special death benefit stipulations. 

 

Juvenile Term to Age 18 - $5,000 and $10,000 plans, automatically will convert at age 18 to five times the original face amount of coverage. Guaranteed conversion privilege to our five (5) year term plan as per terms of contract. 

 
  • $5,000 life insurance converting to a $25,000 certificate at age 18.

          The premium is $25 per year until conversion at age 18.

 

 
  • $10,000 life insurance converting to a $50,000 certificate at age 18.

          The premium is $35 per year until conversion at age 18.

 

 

Annuities

 Workmen's Benefit Fund of the USA offers an annuity portfolio designed to fit your needs. Our product diversity allows you to plan ahead for a more secure retirement. Our experienced WBF professional Sales Representative can assist you in choosing the best annuity contract that's right for you.

 

Single Premium Deferred Annuity - Please contact our Sales Department for our current interest rates. Contract provides for a 10% annual withdrawal feature with no penalty.  The guaranteed interest rate is 1%.

 

Flexible Premium Deferred Annuity - Please contact our Sales Department for our current interest rates.. Minimum issue amount is $100. Additional deposits can be made on a varying amount basis at the option of the annuitant. The guaranteed interest rate is 1%.

 

Roth IRA - The tax saving Roth is crediting a guaranteed interest rate of 1%. Please contact our Sales Department for our current interest rates. Existing annuities can be converted to the Roth.

 

  Current interest rate is subject to change without notice.