Royal Neighbors of America® Launches New Single Premium Whole Life Product
Rock Island, Ill. – June 27, 2025 – Royal Neighbors of America, one of the nation’s fastest growing fraternal life insurance organizations1 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 options2, charitable giving3, and lifetime coverage.”
Jet SPWL is available to individuals ages 40–854 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.”
More About Royal Neighbors of America
In 1895, nine founding women created a membership community. They were one of the first to make life insurance accessible to women. Now, 130 years later, Royal Neighbors remains committed to its mission of Insuring Lives, Supporting Women, and Serving Communities℠. The organization’s 280,000+ members, chapters, employees, and appointed agents across the country drive the mission through localized volunteerism and philanthropy programs making social impact the cornerstone of their work. Royal Neighbors members experience Insurance with a Difference℠ through their tailored life insurance and annuity products, opportunities to make an impact in their communities, savings on prescriptions, health screenings, grief support, and more. In 2020, Royal Neighbors was upgraded to “A Excellent” (3rd highest out of 13) by the AM Best Company for overall financial strength and ability to meet ongoing obligations to certificate holders. The rating was affirmed in December 2024. In 2024, Royal Neighbors delivered $43.85 million in Social Good impact and record revenue. In 2024, Royal Neighbors received its eighth Great Place to Work® certification and was rated as a 2025 Best Insurance Company by Forbes. For more information about Royal Neighbors of America, go to royalneighbors.org. To read inspiring member stories, visit our member magazine theroyalneighbor.org.
Jet Single Premium Whole Life (Form Series 241812). Royal Neighbors of America® (NAIC #57657), is an Illinois corporation and is licensed in all states and the District of Columbia, except AL, AK, HI, LA, MA, NH, NY. Not all products are available in all states. Contractual provisions and limitations may vary by state. Royal Neighbors contracts are not FDIC insured, and are not a deposit account and may lose value.
1 American National’s Exit, Benefit Ratio Shifts, Avoidable Mortality & PRT Rulings. Life Annuity Specialist News Brief; April 3, 2025
2 The Certificate Owner can request a one-time partial surrender of the available cash surrender value any time after the second Certificate Year. Limitations and restrictions apply. An Administrative Fee will be deducted from the partial surrender amount at the time of payment. When a Partial Surrender is paid, the Face Amount will be reduced by the same percentage as the reduction of the Cash Value of the Certificate. Talk to your agent for specific details. Partial Surrenders on Certificates classified as Modified Endowment Contracts (MEC) are taxable and may be subject to an IRS penalty tax if made prior to age 59 ½. Royal Neighbors does not provide legal, accounting or tax advice. Consult your attorney or tax professional before requesting a partial surrender.
3 Form Series 221113, not available in all states. Contractual provisions, limitations, and restrictions may vary by state. Upon payment of the certificate’s death benefit, Royal Neighbors will pay a Charitable Benefit to the Eligible Charitable Organization chosen by the Certificate Owner of the certificate in a single lump sum that will be the lesser of: (a) One percent of the face amount of the certificate in effect at the time of death of the insured; or (b) $1,000. An Eligible Charitable Organization is defined in the rider. The Certificate Owner has the right to change the Eligible Charitable Organization until the death of the Insured. On assignment, the designation of the charity becomes irrevocable. No additional premiums required.
4 Coverage issue ages and premium amounts will depend on whether the applicant qualifies for Preferred, Standard, or Substandard underwriting classes. Standard underwriting class was used in example.
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Royal Neighbors Media Contact: Marie Young, Manager, Marketing & Communications Marie.Young@royalneighbors.org
Direct: (319) 530-0849
