Sons of Norway offers Medicare Supplement Insurance* that can help you pay for some eligible medical expenses that aren't covered by Medicare Part A and Medicare Part B. 

 

Who is it for?

You might be interested in Medicare Supplement Insurance* if you're already on Medicare – or about to be. In addition, this might be a good option for you if you're concerned about potential gaps in the coverage offered by Medicare A and B, which is as follows:

Medicare Part A (covers the following hospital services)

  • In-patient hospital services.
  • Skilled nursing facility care.
  • Home health care.
  • Hospice care.

 

Medicare Part B (covers the following medical services)

  • Medical expenses.
  • Home health care.
  • Clinical laboratory services.
  • Outpatient hospital treatment.
  • Durable medical equipment and supplies.
  • Preventive health services, including exams, health screenings and shots.

 

Do you need Medicare Supplemental?

A Sons of Norway Financial Benefits Counselor can help you answer this question. Get your freeFinancial Review and get started toward a more secure tomorrow. 

Nordic Term Life Insurance can provide you and your family with maximum coverage for minimum cost. It is designed to meet your individual needs for a specific period of time, and can be converted to permanent cash-value life insurance.

Who is it for?

  • Young couples who need to provide financial protection in the most economical way.
  • Parents who want to provide for the health, education, and shelter needs of their children in the event of their own untimely death.
  • Individuals who already own a universal life program, but for a specific period of time need to supplement their long-term financial plan.
  • Business owners who need to protect their partners from catastrophic financial loss in case one of them dies.
  • Anyone who needs insurance for a specific period of time.

 

Getting started with term life insurance

Term life insurance gives you the highest amount of benefits at the lowest possible cost, with the flexibility to design your program:

  • Choose the amount of protection.
  • Choose the initial term period of 10, 15, 20 or 30 years.
  • Following the initial level term period you choose, you can continue your coverage to age 95 by paying increasing annual premiums.

  

Guaranteed conversion option

  • A guaranteed conversion option is available for the first twenty years of the certificate or to attained age 70, if earlier. This allows for conversion to any permanent plan of insurance offered by Sons of Norway without evidence of insurability.
  • Conversion is at attained age of the insured and to the same class.
  • The insured will receive a conversion premium credit if the certificate is converted to a permanent plan of insurance within five years from the date of issue. *

 

Waiver of premium rider

Sons of Norway's Nordic Term Life Insurance offers an added benefit: a waiver of premium rider. Premiums are waived if the insured has been totally disabled for more than six months prior to age 65. The premium is waived during the period of disability, even if the disability extends beyond age 65.

 

Let's talk about term life insurance.

A Sons of Norway Financial Benefits Counselor can help you consider the benefits and options of term life insurance. Get your free Financial Review and get started toward a more secure tomorrow.

Viking Voyager Children's Life Insurance is available for children ages 0-17 and is a simple, economical way to introduce young people to the benefits offered by Sons of Norway. Whether you're a parent, grandparent or other relative, this product can help you provide for a child's financial future with level term coverage to age 26.

 

Who is it for?

If you'd like to contribute to the financial well-being of a young person, you might be interested in the benefits of Viking Voyager children's life insurance. You can purchase and own the certificate on behalf of sons and daughters, nieces and nephews, grandchildren or great grandchildren.

 

Getting started with children's life insurance

  • As the certificate owner, you can make either an annual or single premium payment that provides an insurance benefit of $10,000, $15,000 or $25,000.
  • When the insured turns 26 years old, the policy owner can choose to convert the certificate to a permanent life insurance plan, regardless of the health of the insured. At conversion, a credit of $3 per thousand of the original face amount is applied to the new first year premium.

 

Bonus benefit: heritage membership

A child insured with Viking Voyager automatically becomes a Sons of Norway “Heritage” member. Heritage members receive a membership card and free access to the Sons of Norway Sports Medal Program, Youth Cultural Skills Program, Idea Banks and Info Banks. At age 16, they qualify to become a full member of Sons of Norway, with reduced dues until age 23.

 

Is children's life insurance right for you?

A Sons of Norway Financial Benefits Counselor can help you decide if Viking Voyager fits into your family's financial plan. Get your free Financial Review and get started toward a more secure tomorrow.

Sons of Norway Whole Life Insurance products provide coverage for your entire life, with single or level premiums and guaranteed level death benefit. These permanent life insurance plans can provide you and your family with financial security no matter how long you live.

 

Who is it for?

Whole life insurance from Sons of Norway might be the right choice for you—if you want the convenience of a guaranteed premium with the assurance of a guaranteed death benefit, no matter how long you live.

 

Getting started with whole life insurance

Sons of Norway lets you choose from two different whole life products: Whole Life 121, Single Premium Whole Life and Nordic Protector. Both provide life insurance coverage to age 121, along with:

  • Income tax free death benefit.
  • Guaranteed cash values that increase each year.
  • Tax-deferred growth on cash value.
  • Ability to borrow against the cash value of the certificate.
  • Eligible to earn dividends which can be used to purchase additional coverage or provide funds now and in the future. Dividends are not guaranteed.

The main difference between these two products is how you choose to pay the premium:

 

Whole Life 121

  • Regular premium payments tailored to your budget: annually, semi-annually, quarterly, or through monthly electronic transfer. Dividends can also be applied to premiums.
  • This product offers the following riders:
    • Waiver of Premium - Guarantees your family's financial security by paying the premium during a period of total disability.
    • Accidental Death Benefit - Provides additional coverage in the event of your accidental death.
    • Guaranteed Purchase Option - Protects your future insurability by guaranteeing optional increases in coverage at certain ages regardless of changes in your health.
    • Children's Term - Provides insurance on your juvenile children under the age of 18.

 

Single Premium Whole Life

  • Just one single premium payment.
  • This is a good choice when you need additional life insurance and have a lump sum of cash available. Typical sources of lump sum payments are savings accounts, retirement accounts, CDs, a gift, an inheritance or an insurance payout.
  • When properly arranged, this is an excellent way to transfer assets to heirs, tax-free.


Nordic Protector (Simplified Issue Single Premium)

  • Designed to provide the money needed to cover final expenses, like funeral costs, medical bills and other end-of-life expenses.
  • Guaranteed death benefit.
  • Guaranteed cash value.

Interested in a whole life product?

A Sons of Norway Financial Benefits Counselor can help you determine if whole life is right for you. Receive your free Financial Review and get started toward a more secure tomorrow.

Sons of Norway Universal Life Insurance give you so much more than life insurance protection.

Unlike traditional life insurance products, the death benefit and the premium payment amounts are not fixed at the time of issue. As long as you hold the policy, you can change the premium payment amount or the death benefit. You also get the advantage of tax-deferred compound interest growth, income tax-free death benefit proceeds, and you may be able to avoid estate taxes and probate. As owner, you retain full control to make future changes in your certificate.

Who is it for?

No matter what stage of life you're in, a universal life policy provides unique advantages:

  • Youth - Provides future insurance protection and tax-deferred accumulation of funds.
  • Young adult - Assures financial security for your spouse and children in the event of your untimely death, and tax-deferred accumulation of funds for your children's education.
  • Middle age - Accumulates wealth on a tax-deferred basis for retirement purposes.
  • Nearing retirement - Enables you to maximize your retirement pension and conserve your estate.
  • Retirement years - Provides income tax free death benefits and a tax-deferred accumulation alternative to a CD (certificate of deposit) or annuity.

 

Versatile Protection

With Nordic Elite II, you can choose a death benefit option that's right for you:
  • level death benefit (stays the same over time) allows for maximum growth in the cash value of the policy.
  • An increasing death benefit (grows over time) provides your beneficiary with both the cash value and face value of the policy at the time of death.
 
Nordic Elite III also provides the following benefits:
  • Flexibility in the amount and frequency of premium payment.
  • Competitive interest rate on your cash value.
  • Ability to increase or decrease death benefits.
  • Tax-deferred compound interest growth.
  • Possible avoidance of estate taxes and probate.
  • Income tax free death benefits.
  • Optional 5 year no lapse guarantee.
  • Optional lifetime no lapse guarantee.*

* not available in New Jersey

 
You can also add further flexibility and protection by adding one or more of these available riders**:
  • Waiver of Monthly Deduction - Guarantees your family's financial security by paying the monthly cost of insurance and all other deductions during a period of total disability.
  • Accidental Death Benefit - Provides additional coverage in the event of your accidental death.
  • Guaranteed Purchase Option - Protects your future insurability by guaranteeing optional increases in coverage at certain ages regardless of changes in your health.
  • Children's Term - Provides insurance on your juvenile children under the age of 18.
  • Terminal Illness Rider - payout of up to 50% of death benefit, with a maximum of $50,000 if future life expectancy is 12 months or less (24 months in Washington).
  • Chronic Illness Accelerated Benefit Rider 

** May not be available in all states.

 

Ready for the assurance of universal life protection?

A Sons of Norway Financial Benefits Counselor can help you determine if universal life insurance is right for you. Get your free Financial Review and get started toward a more secure tomorrow.

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