What Pathway Does
- Pathway is a special type of pre-need insurance offered by Pekin Life Insurance Company. It assures money set aside for a loved one’s funeral will be there when it’s needed.
Reasons to Choose Funeral Preplanning With Pathway
- Makes sure your final wishes are fulfilled
- Locks in most costs at today’s prices
- Helps loved ones avoid using their savings and making stressful decisions
How Funeral Preplanning Works
- You decide to prearrange and prepay your funeral
- You work with a funeral director who is required by law to place the money for funeral expenses in “trust”
- You work with the funeral director to plan and document the details of your final services
Pathway Products
Pathway Single Pay
- Available through age 95
- No medical questions
- Returns premiums paid plus a nominal growth increase for the first six months
- Full death benefit (face amount) paid beginning in month seven
- May receive face amount increases at each policy anniversary to account for inflation
Pathway Multi-Pay
- Available from age 0 through 80
- No medical questions
- Provides a graded benefit for the first two years but will always pay no less than the premiums you’ve paid
- Full death benefit (face amount) is paid after two years
- May receive face amount increases at each policy anniversary to account for inflation
Pathway Annuity
- Available to all ages
- Can be funded with a single premium lump sum or with flexible payments made at younger ages
- Increases in value are subject to income taxes
Why Choose Pathway for Funeral Preplanning?
You can count on compassion and quality when you work with funeral homes and directors affiliated with Pekin Life Insurance Company and Pathway. They are licensed by the Department of Insurance and trained to discuss your plans with care, timeliness,
and attention to detail.
To find a funeral home in your area, contact us at 1-800-322-0160, or email dhoward@pekininsurance.com.