WraPPlan® is a unique group universal life program designed to supplement an employer’s group term benefits, and is structured to respond to two major unmet employee needs:

WraPPlan® is designed so an employee retiring at age 65 can have a paid up coverage equal to the employer’s term benefit he loses at retirement. It is structured to have a minimum initial death benefit, and a maximum cash value and paid up accumulation. As another unique feature, a terminating employee can not only keep his existing WraPPlan coverage, but he also has the option to increase his life coverage to equal the amount of employer term he WraPPed at his entry into the program. The rate for the increased coverage would still be based on his age at entry and not on his current age.

Advantages of WraPPlan®

	Doesn’t compete with the employer’s retirement or 401k plans
	Makes the employer look good
	Unique product design
	Voluntary plan, so there’s no premium cost to the employer
	Minimal time required for employee presentations
	Simple concept that is easy for employees to understand
	Simple administration with few if any problems

The WraPPlan® provides a simple and cost effective solution for a substantial employee need. At the same time, the WraPPlan®’s unique design provides major advantages for employers and overcomes their major objections to worksite programs.