The preneed annuity is available as an alternative for clients that cannot afford or desire preneed insurance, exceed the issue ages for insurance, are terminally ill, or want an unstructured payment plan to make deposits when desired. It provides guaranteed growth and flexibility while eliminating audit and accounting issues that come with trust and bank funding.
- Minimum Issue Deposit Amount $100
- Maximum Issue Amount $25,000
- Minimum Payment Amount $50
- Guaranteed Interest Rate 3%
- Death Benefit: Increases with deposits and interest growth.
Insurance coverage provided by National Guardian Life Insurance Company. National Guardian Life Insurance Company is not affiliated with The Guardian Life Insurance Company a/k/a The Guardian or Guardian Life.