Royal Neighbors of America launches new single premium whole life product - Insurance News | InsuranceNewsNet

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June 27, 2025 Life Insurance News
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Royal Neighbors of America launches new single premium whole life product

By Press Release

Rock Island, Ill. – June 27, 2025 – Royal Neighbors of America has announced the launch of its new Jet Single Premium Whole Life (SPWL) product (Form Series 241812).

Designed with application simplicity and community impact in mind, Jet SPWL helps members protect their legacy with a one-time premium payment and a simplified application process.

Jet SPWL can provide lifetime life insurance coverage with just one payment, making it a powerful solution for individuals looking to leave a meaningful financial legacy to loved ones. Applicants can apply through a convenient electronic application, with one single premium, and often without the need for a medical exam.

“Our goal is to make life insurance more accessible, especially for those who want to protect their families and give back to their communities,” said Juliet Christenson, Senior Director of Product Strategy and Development at Royal Neighbors of America. “Jet SPWL offers fast, reliable protection with meaningful features like liquidity options, charitable giving, and lifetime coverage.”

Jet SPWL is available to individuals ages 40–85 with a minimum premium of $5,000. It offers a unique combination of convenience, flexibility, and purpose-driven impact.

“Our new product reinforces Royal Neighbors’ mission of ‘Insuring Lives, Supporting Women, and Serving Communities,’” said Royal Neighbors CEO and President Zarifa Reynolds. “For more than 130 years, the organization has blended life insurance with a deep commitment to social impact—and Jet SPWL is the latest expression of that legacy.”

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