2017 Life Insurance and Annuity ExtraMar 15, 2017 · 2 2017 SPJST Life Insurance and Annuity Extra...

Insuring & Enriching

LivesSince 1897

A special VĚSTNÍK publication. Volume 105 Number 11ISSN —07458800

2017 Life Insurance and Annuity Extra

2 2017 SPJST Life Insurance and Annuity Extra

Published March 15, 2017, in lieu of the Věstník (VOLUME 105, NO. 11), the2017 SPJST Life Insurance and Annuity Extra provides a summary of generalinsurance information and of the insurance plans and annuity programs availableto qualifying SPJST members and prospective members.

Hiram DixonFICF, CFFM, LUTCF

Supreme LodgeVice President8 Years Service

Cynthia Hutka

Insurance OperationsManager

30 Years Service

Philip (Phil) McBeeFICF, CFFM

Fraternal Field ManagerDistricts One/Two/Three

11 Years Service

Bobby DavisFICF, CFFM

Fraternal Field ManagerDistricts Four/Seven9 Years Service

Delisle Doherty

Fraternal Field ManagerDistricts Five/Six6 Years Service

Dana Boyd

Administrative and Underwriting Assistant

1 Year Service

Virginia Longoria

Member ServiceRepresentative1 Year Service

Terry Malina

Insurance/BeneficiarySpecialist

3 Years Service

Lisa Mills

Administrative Assistantto the Vice President

8 Years Service

Doni Powell

Underwriter

16 Years Service

Susan Shofner

Customer ServiceSpecialist

16 Years Service

Doris Tyroch

Certificate IssueTechnician

50 Years Service

Donica ZabcikNew Business

Marketing and ResearchTechnician

13 Years Service

2017 SPJST Life Insuranceand Annuity Extra

SPJST HOME OFFICEPO Box 100 • Temple, Texas 76503

800-727-7578 • 254-773-1575 • Fax: 254-774-7447 • www.spjst.org• SPJST OFFICERS •

President Brian Vanicek, FICo: 254-773-1575 • m: 254-534-2902

[email protected]

Vice President Hiram Dixon, FICF, LUTCF, CFFM

o: 254-773-1575 • m: [email protected]

Chief Financial Officer Leonard D. Mikeska, FIC

o: 254-773-1575 • m: [email protected]

Director of Accounting/Information Technology Services Roy Vajdak

o: 254-773-1575 • [email protected]

• SPJST DIRECTORS •

Donnie Victorick, FIC, CFFMDistrict One

m: 979-272-3265 • o: [email protected]

Jesse Pospisil - District Twoh: 512-365-1110 • m: 512-826-7371

[email protected]

John Engelke - District Threeh: 254-799-4247 • [email protected]

Billy Rollwitz, FIC, CFFM - District Fourh: 325-442-3141 • m: 325-277-5362

o: 325-442-3038 • [email protected]

Bradley Stavinoha, FIC - District Fivem: 979-739-2386 • o: 979-793-7411

[email protected]

Karen Kaspar, FIC, CFFM - District Sixh: 979-543-2532 • m: 979-332-1616

[email protected]

Bob J. Bayer, FIC - District Sevenh: 830-393-2872

• FRATERNAL FIELD MANAGERS •

DISTRICTS ONE/TWO/THREEPhilip (Phil) McBee, FICF, CFFM

m: 325-647-1949 • f: [email protected]

DISTRICTS FOUR/SEVENBobby Davis, FICF, CFFM


DISTRICTS FIVE/SIXDelisle Doherty


• VĚSTNÍK •SPJST’s Weekly Member Newspaper

Editor/Director of CommunicationMelanie Zavodny, FIC

o: 254-773-1575 • m: 254-534-0807f: 254-773-8087 • [email protected]

Table of ContentsDifferent types of life insurance....................................................................................3Tips on buying life insurance........................................................................................3Affordable Insurance Options .......................................................................................4Annual Reviews Available to all Members...................................................................4Should I buy life insurance through work or on my own?.........................................4What you should know about buying life insurance ..................................................5How to purchase insurance: Choosing an agent ......................................................5How to purchase insurance: Choosing a policy........................................................6What is an annuity?........................................................................................................8How are annuities different from life insurance?........................................................9Why should I consider purchasing an annuity? .........................................................9What are the different types of annuities: fixed vs. variable ....................................9What are surrender fees?.............................................................................................10What is the difference between a fixed and variable annuity?................................10What are deferred and immediate annuities?............................................................10SPJST Annuities............................................................................................................11How much should I invest in an annuity?..................................................................12What is a “free-look” provision?.................................................................................12Directory of SPJST Sales Agents ..........................................................................13-15

• • • • • • • • • • • • SPJST Insurance Department Staff • • • • • • • • • • •

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2017 SPJST Life Insurance and Annuity Extra 3

The money your beneficiary re-ceives can help cover expenses and en-sure that your family is not burdenedwith debt.What are the different types of insurance?

There are two basic types of life in-surance: permanent and term. Perma-nent insurance pays your beneficiarywhenever you may die; term insurancepays your beneficiary if you die duringa specific period of time. The moneyyour beneficiary receives can helpcover expenses and ensure that yourfamily is not burdened with debt.What is permanent insurance?

Permanent (cash value) insuranceprovides lifelong protection as long aspremiums are paid. It may build upcash value over time, which grows taxdeferred. With all permanent policies,the cash value is different from the faceamount. The face amount is the moneythat will be paid to your beneficiary ifyou die. Cash value takes time to grow.But after you’ve held the policy for sev-eral years, its cash value can offer youseveral options:

• You can borrow from the insurerusing your cash value as collateral.

• You can get the loan even if youdon’t have a good credit history. If youdon’t repay the loan (including inter-est), it will reduce the amount paid toyour beneficiaries after your death.

• You can use the cash value to payyour premiums, which would create aloan (interest would continue to ac-crue), or to buy more coverage.

• You can exchange the policy byusing the cash value for an annuity thatwill provide a steady stream of retire-ment income for life or a specified pe-riod.

• You can cancel (surrender) the pol-icy and receive the cash value in a lumpsum. You will pay taxes on the valuethat exceeds what you’ve paid in pre-miums.Basic types of cash value insurance

Whole life offers premiums that gen-erally stay fixed over the life of the pol-icy, a fixed death benefit, and cashvalue that grows at a fixed rate of re-turn.

Universal life gives you flexibility insetting premium payments and thedeath benefit. Changes must be madewithin certain guidelines set by the pol-icy; to increase a death benefit, the in-surer usually requires evidence ofcontinued good health. A universal lifepolicy can have a variable component. What is term insurance?

Term insurance provides protectionfor a defined period of time—from 10,15, 20, or even 30 years—and paysbenefits only if you die during that pe-riod. Term insurance is often used tocover financial obligations that will dis-appear over time, such as tuition ormortgage payments. Premiums for terminsurance either can be fixed for thelength of the term or can increase at apoint specified in the policy. They alsocan be less expensive than for a cashvalue policy.

Some term policies can be renewedat the end of a term. However, premiumrates will usually increase upon re-newal. To qualify for renewal at thelowest rates, many policies require ev-idence of insurability (continued goodhealth). At the end of a term, you alsomay be able to convert the policy to apermanent policy. Term policies don’tusually build up a cash value.

What are the advantages and disadvantages

of each type of insurance?Cash Value InsuranceAdvantages

• Lifelong protections as long as thepremiums are paid.

• Premium costs that can be fixed orflexible to meet individual financialneeds.

• Cash value, which can be: used topay premiums or buy more coverage;borrowed against; converted to an an-nuity; or surrendered for cash.

Cash Value Insurance Disadvantages

• Cash value insurance is designed tobe kept for the long term; therefore,cancelling a cash value policy afteronly a few years can be expensive.

Term InsuranceAdvantages

• A policy can cover financial obli-gations that will disappear over time,such as a mortgage or college expenses.

• Premiums are generally lower thanthose for cash value insurance atyounger ages.

Term InsuranceDisadvantages

• Provides protection for a specificperiod of time, not for life.

• Renewing coverage at the end ofthe term generally means premiumswill increase.

• Policies don’t usually build up acash value.

Source: American Council of Life Insurers, www.acli.com

—SPJST—

Tips on buying life insurance

Make sure that you fully understandany policy you’re considering and thatyou’re comfortable with the company,agent, and product. When choosing aproduct, follow the tips below:

• After you’ve bought an insurancepolicy, you may have a “free-look” pe-riod—usually 10 days after you receivethe policy—when you can change yourmind. During that period, read your pol-icy carefully. If you decide not to keep it,the company will cancel the policy andgive you an appropriate refund. Informa-tion about the free look period is in yourcontract.

• Keep your life insurance policy withyour other financial records or legal pa-pers, or anywhere your survivors arelikely to look for it. However, don’t keepyour policy in your safe deposit box. Inmost states, boxes are sealed temporarilyon the death of the owner, delaying a set-tlement when funds may be needed most.

• Contact your original company,agent, or financial adviser before can-celling your current policy to buy a newone. If your health has declined, you mayno longer be insurable at affordable rates.If you replace one cash value policy withanother, the cash value of the new policymay be relatively small for several years.

• If you have a complaint about yourinsurance agent or company, contact thecustomer service division of your insur-ance company. If you’re still dissatisfied,contact your state insurance department.A state insurance department directory isavailable on www.acli.com.

• Review your policy from time totime or when a major event occurs inyour life—such as a birth, job promotion,divorce, remarriage, or retirement—to besure your coverage is adequate and yourbeneficiaries are correctly named.

• Visit www.acli.com for more con-sumer resources and information aboutlife insurance.


Different types of life insurance


Are you and your family adequately covered? Unlessyou deal with life insurance regularly, it can be an intimidatingand sometimes difficult subject to discuss. If you haven’t purchased insurance in a while, you may be sur-prised at the many affordable life insurance options availablethrough your local SPJST sales agent. The following list providesa brief summary of the insurance options that are available: 10-Year Term. A modern term product issued to ages 18 through75. Premiums are guaranteed for 10 years and can be renewedannually after that to age 95. The death benefit is guaranteed levelto age 95. Renewals are guaranteed, even if your health is not per-fect! Convertible to permanent coverage prior to age 65 with nohealth requirements.15-Year Term. Just like the 10-Year Term, except premiums arelevel for 15 years. Issued to ages 18 through 70. Convertible topermanent coverage prior to age 65 with no health requirements.20-Year Term. Level premiums for 20 years (guaranteed levelfor 10). Issued to ages 18 through 65. Just the thing for youngfamilies to provide benefits for the family while the children aregrowing up if the breadwinner dies. Convertible to permanentcoverage prior to age 65 with no health requirements.30-Year Term. A very sensible term product! Premiums are levelfor 30 years (guaranteed level for 20). Issued to ages 18 through55. It is excellent for mortgage cancellation as well as providinginexpensive coverage before retirement. Convertible to permanentcoverage prior to age 65 with no health requirements.Whole Life. A whole life product designed for both young and ma-ture applicants that offers affordable premiums and builds cash value.Final Expense. A whole life plan designed to help with your finalexpense needs whether you are in perfect health or even havehealth concerns (not guaranteed issue). Coverage is available ona modified, graded or level death benefit basis. The level deathbenefit has inflation protection available, to cover final expensesas they increase each year. Available from ages 40 to 80 with pre-miums payable for life or as a one-time single premium.

Paid Up at 65 Whole Life. You are covered to age 100, but youonly pay premiums to age 65. Cash values are available and con-tinue to grow to age 100. Enjoy your retirement without life in-surance premiums!

10 Pay Life. A whole life product designed for both young andmature applicants with premiums payable for 10 years. Issued toages 0 through 70.

20 Pay Life. A whole life product designed for both young andmature applicants with premiums payable for 20 years. Issued toages 0 through 60.

Single Pay Whole Life. A whole life product available with justone premium. The certificate is then paid-up. Issued to ages 0through 80.

Universal Life 3. A flexible protection plan issued to ages 0through 80 which offers both a guaranteed and current interest rateon the cash value accumulation.

Annuities. Both qualified (IRA) and non-qualified are offeredto SPJST members. Interest rates are posted every week inSPJST’s weekly newspaper, Vestnik. For current rates, contactthe SPJST Home Office, refer to the Vestnik, or visitwww.spjst.org.

In many cases, the insurance application process can be accom-plished at your home in one meeting. At other times, it may take anadditional visit since the sales agent may need to spend some timeassessing the information you provide in the initial meeting beforehe or she can recommend the appropriate life insurance solution. Formore information on the life insurance options available to you,please contact your local lodge sales agent. If you’re not sure whothat is, call the SPJST Insurance Department at 800-727-7578, andyou will be put in touch with a sales agent in your area. See pages13 through 15 for a listing of agents.

—SPJST—

This isn’t always an either/or ques-tion. The answer is often “both.”

Buying through work. Typically,your employer's "basic" life insurancebenefit provides coverage equal to one ortwo times your annual income. Manyemployers offer the option of purchasingsupplemental coverage, often through anautomatic payroll deduction. This is con-venient, and you may be able to obtainthe extra coverage at a higher rate with-out having to answer any questions aboutyour health, a big plus if insurability is aconcern.

SPJST is here to help youwith what you need.

Buying on your own. You can choosefrom among a wide variety of SPJSTproducts, and you never need to worryabout losing coverage if you change jobs.You also may be able to get coveragemore affordably. Why? When you buyon your own, the price depends on yourhealth and can be permanent. In a workplan, the rate often depends on the healthstatus of employees in your age bracketand is usually temporary or until retire-ment age.

Call us for more information 800-72-SPJST.

—SPJST—

Should I buy life insurancethrough work or on my own?

Annual Reviews Available To All Members

Thank you for your membership inSPJST. You are a valued part of whatmakes SPJST a great organization thatprovides benefits, coverage, and services.These are all designed to not only providesecurity and peace of mind to you andyour family, but to provide a better qual-ity of life with others who value faith,family, and community.

As part of our continued and valued serv-ice to our members, SPJST has implementeda program to ensure that your certificate in-formation, such as named beneficiary and in-surance coverage, is correct and up-to-date.By reviewing and knowing that your infor-mation is current, you can be assured that youare receiving the full value of your member-ship, and you have peace of mind that yourloved ones will receive the care they deserve.

Please take advantage of this service.SPJST has the most competitive insuranceproducts, annuities and IRAs to meet eachfamily need along with being a fraternal so-ciety that recognizes its proud heritage andbelieves strongly in its youth by teaching pa-triotism, good citizenship, teamwork, andleadership. And, if you have recommenda-tions for new lodge members, please sharethem with your Fraternal Field Manager orlocal SPJST lodge sales agent. Your namewill be entered in SPJST’s monthly drawing.

How Often Should I Review My SPJST Certificate?

If you have a major life event, youshould contact your SPJST agent or theSPJST Home Office. This event in your lifemay have a significant impact on your in-surance needs. Life events or changes mayinclude:

• Marriage• A child or grandchild who is born or

adopted• Graduation from school or college• Significant changes in your health or that

of your spouse• Death of your spouse• Divorce• Taking on the financial responsibility of

an aging parent• Purchasing a new home• A loved one who requires long-term care• Refinancing your home• Coming into an inheritance

For 120 years, SPJST has been a shiningexample in Texas of secure insurance plansand dedicated ideals of fraternalism. All thisis possible because of you, our member. Ifyou have questions or need our assistance inany way from the Home Office, please callon us at 800-72-SPJST or 800-727-7578.We are here to help you.

—SPJST—

Affordable insurance optionsIn many cases, the application process can be accomplished in one meeting.


Beneficiaries do not have to pay fed-eral income taxes on the money they re-ceive from a life insurance policy.Getting Started

As you prepare to buy a life insurancepolicy, evaluate your ongoing and futurefinancial needs. To begin, ask yourselfsome basic questions:Why do I need to buy life insurance?

If someone depends on you finan-cially, the likelihood is that you need lifeinsurance. Life insurance provides cashto your family after you die. The moneyyour beneficiary receives (the death ben-efit) can be an important financial re-source. It can help cover daily livingexpenses, pay the mortgage and otheroutstanding loans, fund tuition, and en-sure that your family is not burdenedwith debt. Having a life insurance policycould mean your spouse or childrenwon’t have to sell assets to pay bills ortaxes (Note: Beneficiaries do not have to payfederal income taxes on the money theyreceive from a life insurance policy).

Stay-at-home parents also might con-sider life insurance to help cover thecosts of services they routinely provide,such as caring for children and the home.Retirees living on limited income alsomay find peace of mind knowing that asurviving spouse will not be faced witha financial burden after their death.

How much life insurance do I need?

Everyone’s needs are different. AnSPJST life insurance agent can help youdetermine what level of protection isright for you and your family based onyour financial responsibilities, sources ofincome, and savings. There are onlinecalculators that also can help you; how-ever, sitting down with an insurance pro-fessional to review your financialinformation can give you a more person-alized view of your needs.

In general, deciding how much life in-surance you need means calculating thetotal income that would need to be re-placed upon your death to help pay foryour family’s financial needs. Considerongoing expenses (day care, tuition, rent,or mortgage), immediate expenses (med-ical bills, burial costs, and estate taxes),and long term financial goals (savings forcollege education and retirement). Yourfamily also may need money to pay for amove or to cover daily expenses duringa job search.

While there is no substitute for evalu-ating needs based on your own financialinformation, some experts suggest that ifyou own a life insurance policy it shouldpay a benefit equal to seven to 10 timesyour annual income. Your needs could behigher or lower depending on yourunique situation.


The agent should be able and willingto explain the different kinds of policiesand other insurance-related matters.

Working With An Agent

What should an agent do for me?The agent should be able and willing

to explain the different types of policiesand other insurance-related matters. Youshould feel satisfied that the agent is lis-tening to you and looking for ways tofind the right type of insurance at an af-fordable price. If you’re not comfortablewith the agent, or you aren’t convincedhe or she is providing the service youwant, interview another agent.

What should I expect during my meeting with an agent?

An agent will begin by discussingyour financial needs. You should havebasic personal financial informationavailable—along with a general idea ofyour goals—before you meet or talk withan agent. He or she will ask questionsabout your family income, other finan-cial resources you might have, and anydebts. The agent will be better able to as-sess your needs with the information youprovide.

What types of questions will I be asked?

In addition to questions about fi-nances, be prepared to answer questionsabout your age, medical condition, fam-ily medical history, personal habits, oc-cupation, and recreational activities.

Always answer questions truthfully; acompany will use this information toevaluate your risk and set a premium foryour coverage. For instance, you’ll pay alower premium if you don’t smoke; onthe other hand, if you have a chronic ill-ness, you can expect a higher premium.

When it’s time to submit a claim, theaccurate and truthful answers you pro-vided to the agent will enable your ben-eficiary to receive prompt and fullpayment.

When you apply for life insurance,you may be asked to take a medicalexam. In many instances, a licensedhealthcare professional hired and paid forby the life insurance company will makea personal visit to your home to conductthe exam.

—SPJST—

“Life insurance is a combination of caring, commitment, and common sense.”—Author, Financial Speaker, and Life Insurance Sales Agent Howard Wight, CLU, ChFC

For 120 years, SPJST has been a shining example in Texas of secure insurance plans and dedicated ideals of fraternalism.

Providing personal service backed by a seasoned and knowledgeable Home Office staff

and insurance representatives dedicated to quality member services with fraternal ideals.

SPJST • PO Box 100 • Temple, Texas 76503 • Home Office at 520 North Main Street in Temple • 800-727-7578 • www.spjst.org

Permanent Life InsuranceTerm Life Insurance

and Annuities at affordable,

competitive prices.

What you should knowabout buying life insurance

How to purchase insurance:Choosing an agent


How do I know if a life insurance pol-icy is right for me?

Read the policy carefully to make sureit meets your personal goals. Becauseyour policy is a legal document, it’s im-portant that you understand exactly whatit provides. Ask for a point-by-point ex-planation for anything that is unclear andmake sure the agent explains items youdon’t understand.

• Can I commit to these premiums overthe long term?

Cash value insurance provides protec-tion for your entire life. Cancelling a cashvalue policy after only a few years can bea costly way to get short-term insuranceprotection. If you don’t plan to keep thepolicy for the long-term, consider another

kind of coverage such as term insurance.If you’re considering a term policy,

ask:

• How long can I keep this policy? If Iwant to renew it for a specific number ofyears, or until a certain age, what are therenewal terms?

If your agent recommends a cash valuepolicy, ask:

• Are the premiums within mybudget?

How to purchase insurance:Choosing a policy

SPJST 10-Year Term

Product OverviewBenefit Description

The 10-Year Term has level premiums anddeath benefit for 10 years. After the initial 10-year term period, the certificate will automati-cally renew on an annual basis for a one-yearterm expiring at age 95. It may also be con-verted prior to age 65 to permanent life insur-ance (no term).

Minimum Amount: $25,000

Minimum Premium: $10 per month

Maximum Amount$4,000,000 on a regular basis. Applications ex-ceeding this amount will be considered on acase-by-case basis.

Underwriting Classifications • Preferred Plus Non-Nicotine* • Preferred Non-Nicotine* • Standard Non-Nicotine • Preferred Nicotine* • Standard Nicotine *Preferred ratings not available for issue agesabove 70. Preferred ratings are available only formedically underwritten certificates with faceamounts of $100,000 or greater ($150,000 orgreater for ages 18 to 35 years).

Issue Ages: 18 to 75 years

Conversion OptionPrior to age 65, the certificate may be convertedwithout proof of insurability to any form of lifeinsurance (other than term) then being offeredby SPJST provided that the amount of insur-ance applied for does not exceed the amount inforce prior to conversion.

RidersAccidental Death Benefit - Issue ages 18 to 59years; pays an additional death benefit up to theamount originally issued if death occurs priorto the insured’s attained age 65 or one-half ofthis benefit if such death occurs on or after theinsured’s attained age 65, but prior to the in-sured’s attained age 70. Maximum coverage is$300,000.

Waiver of Premium - Issue ages 18 to 55 years;waives premiums due under the certificate forperiod of disability if insured is totally disabledprior to age 60.

PremiumsThe premium is guaranteed for the first 10 cer-tificate years. After 10 years, if the certificateis still in force, premiums will increase annu-ally.

SPJST 15-Year Term



Minimum Amount: $25,000 Minimum Premium: $10 per month


Underwriting Classifications: • Preferred Plus Non-Nicotine* • Preferred Non-Nicotine* • Standard Non-Nicotine • Preferred Nicotine* • Standard Nicotine *Preferred ratings are available only for medicallyunderwritten certificates with face amounts of$100,000 or greater ($150,000 or greater for ages18 to 35 years).

Issue Ages: 18 to 70 years Conversion Option

Prior to age 65, the certificate may be convertedwithout proof of insurability to any form of lifeinsurance (other than term) then being offeredby SPJST provided that the amount of insur-ance applied for does not exceed the amount inforce prior to conversion.

Premium Benefit Options10-Year Guarantee - The premium is guaran-teed for the first 10 certificate years. The pre-mium may change after the 10th certificate yearbut can never exceed the guaranteed maximumpremium for the then attained age. After 15years, if the certificate is still in force, premi-ums will increase annually.

15-Year Guarantee - The premium is guaran-teed for the first 15 certificate years. After 15years, if the certificate is still in force, premi-ums will increase annually.



SPJST 20-Year Term






Underwriting Classifications • Preferred Plus Non-Nicotine* • Preferred Non-Nicotine* • Standard Non-Nicotine • Preferred Nicotine* • Standard Nicotine *Preferred ratings are available only for medicallyunderwritten certificates with face amounts of$100,000 or greater ($150,000 or greater for ages18 to 35 years).


Conversion Option Prior to age 65, the certificate may be convertedwithout proof of insurability to any form of lifeinsurance (other than term) then being offeredby SPJST provided that the amount of insur-ance applied for does not exceed the amount inforce prior to conversion.





SPJST 30-Year Term





Maximum Amount $4,000,000 on a regular basis. Applications ex-ceeding this amount will be considered on acase-by-case basis.

Underwriting Classifications • Preferred Plus Non-Nicotine* • Preferred Non-Nicotine* • Standard Non-Nicotine • Preferred Nicotine* • Standard Nicotine *Preferred ratings are available only for medicallyunderwritten certificates with face amounts of$100,000 or greater ($150,000 or greater for ages18 to 35 years).


Conversion OptionPrior to age 65, the certificate may be convertedwithout proof of insurability to any form of lifeinsurance (other than term) then being offeredby SPJST provided that the amount of insur-ance applied for does not exceed the amount inforce prior to conversion.





SPJST 10-Year Term

SPJST 15-Year Term SPJST 20-Year Term SPJST 30-Year Term

2017 SPJST Life Insurance and Annuity Extra 7• Will my premiums increase? If so,

will increases start annually or after fiveor 10 years?

• Can I convert to a cash value policy?Will I need a medical exam if and whenI convert?

• If it has a return of premium benefit,ask: What would the policy cost withoutthis benefit? Will all of the premiums berefunded?Is a policy illustration a legal document, like a contract?

A policy illustration is not part of thelife insurance policy and is not a legaldocument. Legal obligations are spelledout in the policy contract. A policy illus-tration, however, can help you under-stand how a policy works.What is in a policy illustration?

A policy illustration is meant to pro-vide an example, based on certain as-sumptions, of how a policy’s costs andbenefits may develop over time—includ-ing, but not limited to, premium amounts

owed, cash values, and death benefits.For a term policy, the illustration extendsto the end of the term. With a cash valuepolicy, the illustration extends past your100th birthday. Your actual costs andbenefits could be higher or lower thanthose in the illustration because they de-pend on the future financial results of theinsurance company.

However, when figures are guaran-teed, the insurance company will honorthem regardless of its financial success.Ask your agent which figures are guar-anteed and which are not. A policy illus-tration can be complicated. Your agent orfinancial advisor can explain informationyou don’t understand.

What should I look for in a policy illustration?

Study the policy illustration to answerthe following:

• Is my classification (i.e.,smoker/nonsmoker, male/female) cor-rect?

• When are premiums due—monthly,annually, or according to some otherschedule?

• Which amounts are guaranteed andwhich are not?

• Does the policy have a guaranteeddeath benefit or could the death benefitchange depending on interest rates orother factors?

• Does the policy offer dividends orinterest credits that could increase mycash value and death benefit or reducemy premium?

• Will my premiums always be thesame? Could premiums increase if futureinterest rates or investment returns arelower than the illustration assumes?

• If the illustration shows that I won’thave to make premium pay-ments after a certain period of time, isthere any chance I would have to startmaking payments again at any time inthe future?

After PurchaseAfter purchasing your life insurance

policy, keep it with other financialrecords or legal papers, or anywhereyour survivors are likely to look for it ifthey need to file a claim. As a precaution,you shouldn’t store a life insurance pol-icy in a safe deposit box. In most states,boxes are sealed temporarily upon one’sdeath, this could delay the claimsprocess.

Keep your agent’s name and contactinformation easily accessible. The agentcan help your beneficiaries fill out thenecessary forms and act as an intermedi-ary with the insurance company.

Review your life insurance policyfrom time to time to be certain it contin-ues to meet your needs as your circum-stances change, such as the birth of achild, a job promotion, divorce, remar-riage or retirement. Also, review it to en-sure your beneficiaries are correctlynamed.

—SPJST—

SPJST Whole Life

Product Overview

Benefit Description • Level death benefit. • Level premium permanent life insurance toage 100.

Minimum Amount $10,000 with exceptions shown below and $10monthly premium minimum.

Underwriting Classifications • Preferred Non-Nicotine - Preferred ratingsnot available for issue ages above 70 or under18. Preferred ratings are available only formedically underwritten certificates with faceamounts of $100,000 or greater ($150,000 orgreater for ages 18 to 35 years).

• Standard Non-Nicotine • Standard Nicotine


Riders:Accidental Death Benefit - Issue ages 0 to 60years; pays an additional death benefit up to theamount originally issued if death occurs priorto the insured’s attained age 65 or one-half ofthis benefit if such death occurs on or after theinsured’s attained age 65, but prior to the in-sured’s attained age 70. Maximum coverage is$300,000.

Guaranteed Insurability - Issue ages 0 to 37years; terminates age 40.


Payor Waiver of Premium - Issue ages 0 to 15years; payor ages 20 to 55years; terminates age 21.

SPJST Paid Up at 65 Whole Life

Product Overview

Benefit Description• Level death benefit.• Level premium permanent life insurance toage 100. • Premiums payable to age 65.


Underwriting Classifications• Preferred Non-Nicotine - Preferred ratingsare available only for medically underwrittencertificates with face amounts of $100,000 orgreater ($150,000 or greater for ages 18 to 35years).

• Standard Non-Nicotine

• Standard Nicotine



Guaranteed Insurability - Issue ages 0 to 37years; terminates age 40.


Payor Waiver of Premium - Issue ages 0 to 15years; payor ages 20 to 55 years; terminates age21.

SPJST Single PayWhole Life

Product Overview

Benefit Description• Fully paid-up life insurance certificate withjust one premium payment.• One of the lowest guaranteed premiumsavailable today on permanent life insurance.• Guaranteed cash and loan values are imme-diately available.• Fully underwritten product, consistent withcompany underwriting guidelines.• The SPJST Single Pay Whole Life plan re-tains those tax-favored features that have al-ways made traditional life insurance sovaluable.• Your cash values increase on a tax-deferredbasis.• The face amount of a certificate is payable toyour beneficiary income tax-free.• Among others, the SPJST Single Pay WholeLife plan will be of special interest to newmembers who want to pay only one insurancepremium; parents and grandparents; memberswho want to buy additional permanent insur-ance at low premium rates; anyone wishing tomake a gift of life insurance to a college,church, charitable organization, or to an indi-vidual.


Underwriting ClassificationsFully underwritten product, consistent withcompany underwriting guidelines.


Riders: Accidental Death Benefit

SPJST Final Expense

Level Benefit and Increasing Benefit

Product Overview

Benefit Description• Level death benefit whole life certificate toage 100 with either: a) level lifetime payments, or b) a single premium payment.

• Increasing Benefit Option (lifetime payonly)—4% compounded increase beginning inYear 2; maximum of two times original faceamount.


Maximum Amount: $25,000 in force per person

Issue Ages:Lifetime Pay—40 to 80 yearsSingle Pay— • 40 to 80 years..Male/Female - Non-Nicotine • 40 to 80 years..Female - Nicotine • 40 to 75 years..Male - Nicotine

RidersAccidental Death Benefit (lifetime pay only)Waiver of Premium (lifetime pay only)

Underwriting • Simplified underwriting with three-tieredFinal Expense application. • Telephone interview required.

• Level Benefit Plan may be issued if no healthissues in parts B, C, or D of application.

SPJST Whole LifeSPJST Paid Up

at 65 Whole Life

SPJST Single Pay Whole Life SPJST

Final ExpenseLevel Benefit

and Increasing Benefit


In its most general sense, an annuityis an agreement for one person or organ-ization to pay another a stream or seriesof payments. Usually the term “annuity”relates to a contract between you and alife insurance company, but a charity ora trust can take the place of the insurancecompany.

There are many categories of annu-ities. They can be classified by:• Nature of the underlying investment –fixed or variable• Primary purpose – accumulation orpay-out (deferred or immediate)• Nature of pay-out commitment –fixed period, fixed amount, or lifetime• Tax status – qualified or nonqualified• Premium payment arrangement – sin-gle premium or flexible premium. Anannuity can be classified in several of

these categories at once. For example,you might buy a nonqualified single pre-mium deferred variable annuity.

In general, annuities have the follow-ing attractive features:Tax deferral on investment earnings

Many investments are taxed year byyear, but the investment earnings—capi-tal gains and investment income—in an-nuities aren’t taxable until you withdrawmoney. This tax deferral is also true of401(k)s and IRAs; however, unlike theseproducts, there are no limits on theamount you can put into an annuity.Moreover, the minimum withdrawal re-quirements for annuities are much moreliberal than they are for 401(k)s andIRAs.Protection from creditors

If you own an immediate annuity (thatis, you are receiving money from an in-surance company), generally the most

that creditors can access is the paymentsas they’re made, since the money yougave the insurance company now be-longs to the company. Some state statutesand court decisions also protect some orall of the payments from those annuities.And your money in tax-favored retire-ment plans, such as IRAs and 401(k)s,are generally protected, whether investedin an annuity or not.An array of investment options, including “floors”

Many annuity companies offer a vari-ety of investment options. You can investin a fixed annuity which would credit aspecified interest rate, similar to a bankCertificate of Deposit (CD). If you buy avariable annuity, your money can be in-vested in stock or bond (or other) mutualfunds. In recent years, annuity companieshave created various types of “floors”that limit the extent of investment declinefrom an increasing reference point. Forexample, the annuity may offer a feature

that guarantees your investment willnever fall below its value on its most re-cent policy anniversary.Tax-free transfers among investment options

In contrast to mutual funds and otherinvestments made with “after-taxmoney,” with annuities there are no taxconsequences if you change how yourfunds are invested. This can be particu-larly valuable if you are using a strategycalled “rebalancing,” which is recom-mended by many financial advisors.Under rebalancing, you shift your invest-ments periodically to return them to theproportions that you determine representthe risk/return combination most appro-priate for your situation.Lifetime income

A lifetime immediate annuity convertsan investment into a stream of paymentsthat last as long as you do. In concept, thepayments come from three “pockets”:

• $ • $ • $ • What is an Annuity? • $ • $ • $ •

SPJST 10 PayWhole Life

Product Overview

Benefit Description • Level death benefit. • Level premium permanent life insurance toage 100. • Premiums payable for 10 years.

Minimum Amount$10,000 with exceptions shown below and $10monthly premium minimum.

Underwriting Classifications• Preferred Non-Nicotine - Preferred ratings areavailable only for medically underwritten cer-tificates with face amounts of $100,000 orgreater ($150,000 or greater for ages 18 to 35years).

• Standard Non-Nicotine

• Standard Nicotine

Issue Ages: 0 to 70 years Riders

Accidental Death Benefit - Issue ages 0 to 60years; pays an additional death benefit up to theamount originally issued if death occurs priorto the insured’s attained age 65 or one-half ofthis benefit if such death occurs on or after theinsured’s attained age 65, but prior to the in-sured’s attained age 70. Maximum coverage is$300,000.




Product Overview

Benefit Description • Level death benefit. • Level premium permanent life insurance toage 100. • Premiums payable for 20 years.


Underwriting Classifications:• Preferred Non-Nicotine - Preferred ratingsare available only for medically underwrittencertificates with face amounts of $100,000 orgreater ($150,000 or greater for ages 18 to 35years).

• Standard Non-Nicotine • Standard Nicotine

Issue Ages: 0 to 60 years Riders

Accidental Death Benefit - Issue ages 0 to 60years; pays an additional death benefit up to theamount originally issued if death occurs priorto the insured’s attained age 65 or one-half ofthis benefit if such death occurs on or after theinsured’s attained age 65, but prior to the in-sured’s attained age 70. Maximum coverage is$300,000.



SPJST Universal Life 3

Product Overview

Benefit DescriptionFlexible premium adjustable universal life insur-ance contract with guaranteed coverage for fiveyears, subject to the payment of minimum no-lapse premiums on a cumulative basis. Containstwo volume bands:

Low Band: $25,000 minimum face amount $99,999 maximum face amount

High Band: $100,000 minimum face amount ($150,000 for preferred non-nicotine issue ages 35 and under)

Underwriting Classifications • Preferred Non-Nicotine • Standard Non-Nicotine • Standard Nicotine

Death Benefit Options Option A — Level Death Benefit Option B — Increasing Death Benefit. Death

benefit includes cash value


Issue Ages: 0 to 80 years 18 to 70 years for Preferred class

Maturity Age: 95 (matures for cash value)

Modal Premiums: Monthly Bank Draft, Quarterly,Semi-Annual, Annual

Target PremiumsThe target premium is the recommended levelannual premium. It may be sufficient to keep thecertificate in force to age 95. It is not guaran-teed.

Minimum PremiumsDuring the no-lapse period, the certificate isguaranteed not to lapse if at least the minimumno-lapse premium is paid and remains in the cer-tificate. If only the minimum premium is paid,the certificate is only guaranteed to stay in forcefor 5 years.

No-Lapse Period: 5 years

Surrender ChargesFor issue ages 0 to 76, a surrender charge appliesduring the first 18 certificate years and is zerothereafter. For issue ages 77 and above, a sur-render charge applies during the first 14 certifi-cate years. Surrender charges are an amount per$1,000 of specified amount which varies byissue age, gender, underwriting classification,and certificate year.

Guaranteed Interest Rate: 2.50%

RidersAccidental Death Benefit - Issue ages 0 to 59years; full benefit payable in event of accidentprior to age 70. This benefit terminates at thecertificate’s anniversary date following the in-sured’s 70th birthday.

Waiver of Monthly Deduction - Issue ages 18 to55 years; pays monthly cost of insurance and rid-ers plus administrative costs for period of dis-ability if insured is totally disabled prior to age60.

Guaranteed Insurability - Issue ages 0 to 37;sold in amounts of $5,000, $10,000, $15,000, or$25,000. Depending on amount purchased, al-lows insured to purchase additional insurance atelection dates at ages 25, 28, 31, 34, 37, and 40without proof of insurability. Rider terminatesat age 40.


SPJST 20 Pay Whole Life

SPJST Universal Life 3

Interest Rate Through 04/30/2017Universal Life 3(plans 1203-1222

with a guaranteed rate of 2.50%) Credited Rate: 3.00%

2017 SPJST Life Insurance and Annuity Extra 9Your investment, investment earningsand money from a pool of people in yourgroup who do not live as long as actuarialtables forecast. It’s the pooling that’sunique to annuities, and it’s what enablesannuity companies to be able to guaran-tee you a lifetime income.

Benefits to your heirsThere is a common misconception

about annuities that goes like this: if youstart an immediate lifetime annuity anddie soon after that, the insurance com-pany keeps all of your investment in theannuity. That can happen, but it doesn’thave to. To prevent it, buy a “guaranteed

period” with the immediate annuity. Aguaranteed period commits the insurancecompany to continue payments after youdie to one or more beneficiaries you des-ignate; the payments continue to the endof the stated guaranteed period—usually10 or 20 years (measured from when youstarted receiving the annuity payments).Moreover, annuity benefits that pass tobeneficiaries don’t go through probateand aren’t governed by your will.

Source: Insurance Information Institute, http://www.iii.org/

individuals/annuities/

In a fixed annuity, the insurance com-pany guarantees the principal and a mini-mum rate of interest. In other words, as longas the insurance company is financiallysound, the money you have in a fixed an-nuity will grow and will not drop in value.The growth of the annuity’s value and/orthe benefits paid may be fixed at a dollaramount or by an interest rate, or they maygrow by a specified formula. The growth ofthe annuity’s value and/or the benefits paiddoes not depend directly or entirely on theperformance of the investments the insur-ance company makes to support the annu-ity. Some fixed annuities credit a higherinterest rate than the minimum, via a policydividend that may be declared by the com-pany’s board of directors, if the company’sactual investment, expense and mortalityexperience is more favorable than was ex-pected. Fixed annuities are regulated bystate insurance departments.

Money in a variable annuity is investedin a fund—like a mutual fund but one openonly to investors in the insurance com-pany’s variable life insurance and variableannuities. The fund has a particular invest-ment objective, and the value of yourmoney in a variable annuity—and theamount of money to be paid out to you—isdetermined by the investment performance(net of expenses) of that fund. Most variableannuities are structured to offer investorsmany different fund alternatives. Variableannuities are regulated by state insurance

departments and the federal Securities andExchange Commission.Types of Fixed Annuities

An equity-indexed annuity is a type offixed annuity, but looks like a hybrid. Itcredits a minimum rate of interest, just as afixed annuity does, but its value is alsobased on the performance of a specifiedstock index—usually computed as a frac-tion of that index’s total return.

A market-value-adjusted annuity is onethat combines two desirable features—theability to select and fix the time period andinterest rate over which your annuity willgrow, and the flexibility to withdraw moneyfrom the annuity before the end of the timeperiod selected. This withdrawal flexibilityis achieved by adjusting the annuity’s value,up or down, to reflect the change in the in-terest rate “market” (that is, the general levelof interest rates) from the start of the selectedtime period to the time of withdrawal. Other Types of Annuities

All of the following types of annuitiesare available in fixed or variable forms.

Deferred vs. immediate annuitiesA deferred annuity receives premiums

and investment changes for payout at alater time. The payout might be a verylong time; deferred annuities for retire-ment can remain in the deferred stage fordecades.

the different types of annuities:fixed vs. variable

Main Reason For Buying It:

Pays Out When:

Typical Form Of Payment:

Buyer’s AgeWhen It Is Typically Bought:

Does It Accumu-late Money Tax-Deferred?

Does It Pay A Death Benefit?

Are BenefitsTaxable IncomeWhen Received?

Provide income fordependents

You die

Single sum

25-50

No

Yes

No

Provide income fordependents

or meet estateplanning needs

You die, borrow the cash value or

surrender the policy

Single sum

30-60

Yes

Yes

No, unless a cashvalue withdrawal exceeds the sum of premiums

To accumulatemoney in a tax-deferred product

You make withdrawals

Single sum or income

40-65

Yes

Yes

Yes, but only the part derived from investment

income

To assure you don’t“outlive your income”

One period after youbuy the annuity, stopspaying when you die*

Lifetime income

55-80

Yes, but only in theearly payout years

*payments continue if the annuity has a

guaranteed-period option that hasn’t expired

at the annuitant’s death

Yes, but only the part derived from investment income

Term Life Whole Life

Life Insurance AnnuitiesDeferredAnnuities Immediate Annuities

There are two main types of life insurance—term and whole life—and two main types of annuities—deferred and immediate.Comparing Deferred and Immediate Annuities

Article and Chart Source: Insurance Information Institute, http://www.iii.org/articles/how-are-annuities-different-from-life-insurance.html)

How are annuities different from life insurance?Both annuities and life insurance

should be considered in your long-termfinancial plan. While both includedeath benefits, you buy life insurancein the event you die too soon and an an-nuity in case you live too long.

In other words, life insurance pro-vides economic protection to yourloved ones if you die before your finan-cial obligations to them are met, whileannuities guard against outliving yourassets.

Annuities can serve many useful pur-poses. If you are in a saving-money stageof life, a deferred annuity can:• Help you meet your retirement incomegoals. Employer-sponsored plans such asa 401(k), 403(b) or Keogh are an impor-tant part of planning for retirement. How-ever, contributions to these plans and toIRAs are limited, and they might not addup to enough for the retirement incomeyou need, especially if you started savingfor retirement late or had contributions in-terrupted—perhaps due to job changesand/or family responsibilities. Moreover,your social security and defined-benefitpension (if you have one) may provideless than you need to retire. Rememberthat the purchasing power of defined-ben-efit pension income is eroded by inflation.• Help you diversify your investmentportfolio. Investment experts routinelyadvise that, to get the best return for agiven level of risk, you should diversifyyour investments among a number ofasset classes. Fixed annuities, in particu-lar, offer a unique asset class—an invest-ment that is guaranteed not to decreaseand that will actually increase at a speci-fied interest rate (and, often, potentiallymore). The guarantees are supported bythe claims-paying ability of the insurer.• Help you manage your investmentportfolio. Investment experts routinelyadvise that, whenever your investmentsin various asset classes get too far from

the percentage allocations you prefer, you“rebalance” to the original formulation,by shifting funds from the classes thathave grown faster to the ones that havegrown more slowly. If you do this withmutual funds, you pay capital gains taxes;if you do it in a variable annuity, youdon’t pay capital gains taxes. When youeventually withdraw money from the an-nuity (which could be many years afterthe rebalancing), you pay tax then at theordinary income rate.If you are in a need-income stage of life,an immediate annuity can:

• Help protect you against outlivingyour assets. Social security pays retire-ment income for as long as you live, asdo defined-benefit pension plans. But theonly other source of income available thatcontinues indefinitely is an immediate an-nuity.

• Help protect your assets from credi-tors. Generally the most that creditors canaccess is the payments from an immedi-ate annuity as they’re made, since themoney you gave the insurance companynow belongs to the company. Some statestatutes and court decisions also protectsome or all of the payments from thoseannuities.

Source: Insurance Information Institute,http://www.iii.org/

individuals/annuities/

Why should I consider purchasing an annuity?


An immediate annuity is designed topay an income one time-period after theimmediate annuity is bought. The timeperiod depends on how often the incomeis to be paid. For example, if the incomeis monthly, the first payment comes onemonth after the immediate annuity isbought.

Fixed period vs. lifetime annuitiesA fixed period annuity pays an income

for a specified period of time, such as 10years. The amount that is paid doesn’t de-pend on the age (or continued life) of theperson who buys the annuity; the pay-ments depend instead on the amount paidinto the annuity, the length of the payoutperiod, and (if it’s a fixed annuity) an in-terest rate that the insurance company be-lieves it can support for the length of thepay-out period.

A lifetime annuity provides income forthe remaining life of a person (called the“annuitant”). A variation of lifetime an-nuities continues income until the secondone of two annuitants dies. No other typeof financial product can promise to dothis. The amount that is paid depends onthe age of the annuitant (or ages, if it’s atwo-life annuity), the amount paid intothe annuity, and (if it’s a fixed annuity) aninterest rate that the insurance companybelieves it can support for the length ofthe expected pay-out period.

With a “pure” lifetime annuity, thepayments stop when the annuitant dies,even if that’s a very short time after theybegan. Many annuity buyers are uncom-fortable at this possibility, so they add aguaranteed period—essentially a fixedperiod annuity—to their lifetime annuity.With this combination, if you die beforethe fixed period ends, the income contin-ues to your beneficiaries until the end ofthat period.

Qualified vs. nonqualified annuitiesA qualified annuity is one used to in-

vest and disburse money in a tax-favoredretirement plan, such as an IRA or Keoghplan or plans governed by Internal Rev-enue Code sections, 401(k), 403(b), or457. Under the terms of the plan, moneypaid into the annuity (called “premiums”or “contributions”) is not included in tax-able income for the year in which it ispaid in. All other tax provisions that applyto nonqualified annuities also apply toqualified annuities.

A nonqualified annuity is one pur-chased separately from, or “outside of,” atax-favored retirement plan. Investmentearnings of all annuities, qualified andnon-qualified, are tax-deferred until theyare withdrawn; at that point they aretreated as taxable income (regardless ofwhether they came from selling capital ata gain or from dividends).Single premium vs. flexible premium annuities

A single premium annuity is an annu-ity funded by a single payment. The pay-ment might be invested for growth for along period of time—a single premiumdeferred annuity—or invested for a shorttime, after which payout begins—a singlepremium immediate annuity. Single pre-mium annuities are often funded byrollovers or from the sale of an appreci-ated asset.

A flexible premium annuity is an an-nuity that is intended to be funded by aseries of payments. Flexible premium an-nuities are only deferred annuities; that is,they are designed to have a significant pe-riod of payments into the annuity plus in-vestment growth before any money iswithdrawn from them.

Source: Insurance Information Institute,http://www.iii.org/articles/what-are-the-differ-

ent-types-of-annuities.html

Deferred AnnuityThis type of annuity is good for long-

term retirement planning for the follow-ing reasons:

• Payments on income taxes are de-ferred until you withdraw the money.

• Unlike a 401(k) or an IRA, there areno limits on your annual annuity contri-butions.

• There is a death benefit. If you diebefore collecting on the annuity, yourheirs get the amount you contributed,plus investment earnings, minus what-ever cash withdrawals you made.

Immediate AnnuityThis allows you to convert a lump

sum of money into an annuity so that youcan immediately receive income. Pay-ments generally start about a month afteryou purchase the annuity. This type ofannuity offers financial security in theform of income payments for the rest ofyour life. In other words, you cannot out-live it.

Immediate annuities allow you to:

• Supplement your current income. Ifyou are nearing retirement, you may con-sider transferring another savings or in-vestment account into an immediateannuity. You can also move the proceedsfrom a deferred annuity into an immedi-ate annuity.

• Pay taxes only on the portion of yourimmediate annuity payments that is con-sidered earnings. You are not taxed onthe portion that is principal. The principalis the initial deposit made with funds thathave already been taxed.

Like deferred annuities, immediateannuities can be fixed or variable. Fixedimmediate annuity income payments arepegged to the amount you contribute,your age and the interest rate at the timeof purchase. Those payments to you willnot go up or down. Variable immediateannuity payments vary with the invest-ments you chose.

Source: Insurance Information Institute,http://www.iii.org/articles/what-are-deferred-

and-immediate-annuities.html

Fixed annuities pay a “fixed” rate ofreturn. When you receive payments, themonthly payout is a set amount and isguaranteed. Fixed annuities may be agood choice for:• Conservative investors who valuesafety and stability.• Those nearing retirement age whowant to shelter their assets from thevolatility of the stock or bond market.With variable annuities, you can investin a variety of securities including stockand bond funds. Stock market perform-ance determines the annuity's value andthe return you will get from the moneyyou invest. The amount of risk you are

willing to assume should influence thekind of funds you select.

You may want to consider a variableannuity if you are:• Comfortable with fluctuations in thestock market and want your investmentsto keep pace with inflation over a longperiod of time.• Young and want to prepare financiallyfor retirement by reaping the gains in thestock or bond market over the long term.

Source: Insurance Information Institute,http://www.iii.org/articles/what-is-the-differ-

ence-between-a-fixed-and-variable-annuity.html

what are deferred and immediate annuities?

what are surrender fees?

What is the difference between a fixed and variable annuity?

If you take money out of an annuity, theremay be a penalty called a surrender fee or awithdrawal charge. This fee is higher if youwithdraw funds within the first years of anannuity contract. The penalty, however,drops gradually each year. Since immediateannuities are purchased to provide income,they usually can’t be “surrendered” and willtherefore not be subjected to a fee.

A typical surrender fee schedule could be:• 7 percent if you withdraw funds

in the first year,• 6 percent in the second year,• 5 percent in the third year,• 4 percent in the fourth year,• 3 percent in the fifth year,• 2 percent in the sixth year,• 1 percent in the seventh year, and• 0 in the eighth year and beyond.

The purpose of the fee is to allow the in-surer enough time to recover its expenses,largely commissions, in setting up the annu-ity contract. It also serves to discourage an-nuity buyers from using deferred annuitiesas short-term investments for quick cash.

Some contracts may permit you to pullout a portion of the funds annually, usuallyup to 10 percent without a surrender charge.If this option is important to you, ask yourinsurance agent or company representativeabout this before deciding to invest yourmoney in a specific annuity. Also, ask if theremay be any other fees or charges.

Source: Insurance Information Institute, http://www.iii.org/articles/what-are-

surrender-fees.html


What is an SPJST Annuity?An annuity is a contract between the

member and SPJST. The object of an an-nuity is cash accumulation. Annuities arenot life insurance. An annuity has a ben-eficiary provision, but the only benefitpaid at death is the total of the funds ac-cumulated at that point, unless other pro-visions have been made.The member contributes funds to theSPJST annuity in lump sums or premi-ums over time. These funds accumulatetax-deferred compound interest until aspecified maturity date. At maturity, themember can receive the funds either in alump sum, payments over a certain timeperiod, or even equal payments guaran-teed for the rest of the member’s life.

Two Types of Annuities are available: Deferred or Immediate.

Deferred annuities enable the memberto contribute funds through tax-deferredaccumulation over a period of time. Thisis called the accumulation period. Theaccumulation period continues until thematurity date, at which time the payoutperiod begins. The maturity date is usu-ally set at age 65 or later, but can bechanged at any time.

After the maturity date, the payout pe-riod is when SPJST distributes the accu-mulated funds to the member accordingto the member’s wishes, whether it is alump sum, distributions for a set periodof time, or lifetime options that the mem-ber cannot outlive.

SPJST has three deferred annuities:

Flexible Premium Annuity5-Year Annuity10-Year Annuity

The Flexible Premium Annuity accu-mulates interest that is reviewed quar-terly, but can never go below aguaranteed minimum rate. The 5-YearAnnuity and 10-Year Annuity have guar-anteed locked-in rates for a full five yearsor 10 years.

Immediate annuities work just like de-ferred annuities except there is no accu-mulation period. The membercontributes a lump sum of funds($10,000 minimum), and the payout pe-riod begins immediately.

SPJST Annuities offer benefits notfound in other tax-qualified plans {suchas 401(k) plans}. First, there is no IRS

contribution limitation. SPJST memberscan contribute any amount (within rea-son) to an annuity. Second, SPJST annu-ities do not require vesting. SPJSTguarantees that the total amount of funds(principal plus interest) will be paid di-rectly to the beneficiary upon the deathof the member in the accumulation pe-riod.

SPJST Flexible Annuities are used tofund Individual Retirement Arrange-ments (IRA), both Traditional and Roth.More IRA information follows in thissection.

• • • • • • • • • • • •All Flexible Annuities

Straight Annuity Traditional IRA

Roth IRAEligibility Requirements

SPJST members (life insurance cer-tificate holders) are eligible and may pur-chase an annuity with a $100 minimumcontribution.Exceptions

Any individual under 70 years of agemust apply for an SPJST life insurancecertificate, but if uninsurable or ratedabove standard, the individual may be-come a member with the purchase of anannuity in an amount of $1,000 mini-mum.

Any individual under 70 years of ageregardless of insurability may become amember with the purchase of an annuityin an amount of $5,000 minimum.

Any individual over 70 years of ageregardless of insurability may become amember with the purchase of an annuityin an amount of $1,000 minimum.Issue Ages

Flexible Premium Annuity0 to 85 years

Single Premium Immediate0 to 90 years

Issue age may be extended with priorapproval and arrangement with SupremeLodge Vice President. If issue age ismore than 70, agent commissions will beaffected.

Current Minimum Guaranteed Interest Rate:

1.50% as of March 8, 2017Current Interest Rate:

3.00% as of March 8, 2017Withdrawals or Charges

Partial or full withdrawals can bemade at any time. Please refer to the backof the application for withdrawal chargesor penalties. SPJST may deduct a with-drawal charge from any amount with-drawn in the first seven certificate years(or the maturity date). The charge will beas SPJST determines from time to time,and will not be greater than the percent-age of the amount withdrawn shown inthe table below. SPJST withdrawalcharges do not affect IRS withdrawalcharges or penalties.

Certificate Year/Charge1st year —10% 2nd year—9% 3rd year—8%4th year —7%5th year—6% 6th year—4% 7th year—2%

8th year and later—No ChargeFree Withdrawal

The member may, in any one certifi-cate year, make as many as three with-drawals, the aggregate total of whichmay not exceed 10 percent of the cashvalue at the beginning of that certificateyear without incurring a withdrawalcharge.

The member may withdraw up to 50percent of the total accumulated amountin the annuity within 90 days of either ofthe following events with no SPJSTpenalty: Total Disability and/or NursingHome Residency.

These apply only to SPJST charges.IRS Withdrawal Penalties and Chargesmay apply.

• • • • • • • • • • • •SPJST 5-Year Annuity

Eligibility RequirementsSame as Flexible Annuities

Issue Ages0 to 90 years. Issue age may be ex-

tended with prior approval and arrange-ment with Supreme Lodge VicePresident. If issue age is more than 70years, agent commissions will be af-fected.


1.50% as of March 8, 2017

Current Interest RateSimilar to Certificates of Deposit, the

5-Year Annuity rates change periodically,but once a member opens a 5-Year An-nuity, the then-current rate will be lockedin for five years.

Withdrawals and ChargesPartial or full withdrawals can be

made at any time. Please refer to the backof the application for withdrawal chargesor penalties. SPJST may deduct a with-drawal charge from any amount with-drawn in the first five certificate years.The charge will be as SPJST determinesfrom time to time, and will not be greaterthan the percentage of the amount with-drawn shown in the table below. SPJSTwithdrawal charges do not affect IRSwithdrawal charges or penalties.

Certificate Year/Charge1st year—8%2nd year—7%3rd year—6%4th year—5%5th year—4%

End of 5th Year—No Charge

At the end of the fifth year, the mem-ber may choose to withdraw funds, orsimply let the annuity renew for another5-Year Annuity with the then-currentrates and SPJST withdrawal charges.

Free WithdrawalsThe member may, in any one certifi-

cate year, make as many as three with-drawals, the aggregate total of whichmay not exceed 10 percent of the cashvalue at the beginning of that certificateyear without incurring a withdrawalcharge.


• • • • • • • • • • • •

SPJST 10-Year Annuity

Eligibility RequirementsSame as Flexible Annuities.

Issue Ages0 to 85 years. Issue age may be ex-

tended with prior approval and arrange-ment with Supreme Lodge VicePresident. If issue age is more than 70years, agent commissions will be af-fected.


1.00% as of March 8, 2017

SPJST AnnuitiesStraight Annuity • 5-Year Annuity • 10-Year AnnuitySingle Premium Annuity • Traditional IRA • Roth IRA


Current Interest RateSimilar to Certificates of Deposit, the

10-Year Annuity rates change periodi-cally, but once a member opens a 10-Year Annuity, the then-current rate willbe locked in for 10 years.Withdrawals and Charges

Partial or full withdrawals can bemade at any time. Please refer to the backof the application for withdrawal chargesor penalties. SPJST may deduct a with-drawal charge from any amount with-drawn in the first 10 certificate years. Thecharge will be as SPJST determines fromtime to time, and will not be greater thanthe percentage of the amount withdrawnshown in the table below. SPJST with-drawal charges do not affect IRS with-drawal charges or penalties.

Certificate Year/Charge1st year—9%2nd year—9% 3rd year—8% 4th year—7% 5th year—6% 6th year—5% 7th year—4% 8th year—3% 9th year—2% 10th year—1%

End of 10th Year—No ChargeAt the end of the 10th year, the Mem-

ber may choose to withdraw funds, orsimply let the annuity renew for another10-Year Annuity with the then-currentrates and SPJST withdrawal charges.Free Withdrawals

The member may, in any one certifi-cate year, make as many as three with-drawals, the aggregate total of whichmay not exceed 10 percent of the cashvalue at the beginning of that certificateyear without incurring a withdrawalcharge.


• • • • • • • • • • • •Annuity Payout Options

and TaxationIRS Penalties and Taxation

If funds are withdrawn during the ac-cumulation period, they may be subjectto the SPJST Withdrawal Charges men-tioned previously as well as IRS taxesand penalties. Any funds withdrawn froman annuity during the accumulation pe-riod will be considered interest (pre-taxfunds) first and therefore taxable incomein the year withdrawn. If the annuitant isunder age 59 1⁄2 during that tax year, IRS

also levies a 10 percent penalty on thepre-tax amount. Only after all the pre-taxfunds are withdrawn would the annuitantget to the principal (after-tax funds)which are never taxed or penalized fromIRS. Please remember that IRS penaltiesare separate and independent of SPJSTWithdrawal Charges.

IRS penalties and taxation concerningTraditional IRA and Roth IRA plans arecovered later in this section.Non-Lifetime Options

Distributions under these options aremade irrespective of anyone living ordying.

• Lump Sum DistributionOne single distribution paid to theannuitant. The terms of the contractare completed, and the annuity isterminated at that time.• Period CertainDistributions are spread out in equalamounts over a given time period (5,10, 20 years, etc.) during which timeall principal and interest isexhausted.• Amount CertainDistributions are made according toa specific payment amount ($1,000,$2,000, etc.) during which time allprincipal and interest is exhausted.

Lifetime OptionsThese options all pay the annuitant an

income for life in any case. The optionsdiffer in what happens after the annui-tant’s death. Different options result indifferent income amounts. Once an op-tion is chosen and distributions begin, itcannot be changed.• Straight Line Income Option

Also called Straight Life Annuity orLife Annuity, this option provides reg-ular and equal distributions for thelifetime of the annuitant, no matterhow long (or short) the annuitantlives. When the annuitant dies, distri-butions stop. There are no more dis-tributions even if the annuitant diedwith principal funds left in the annu-ity. This option pays the highest netdistribution amount of all lifetime op-tions.

• Refund OptionThis option pays lifetime distributionsto the annuitant, but if the annuitantdies before receiving the principalpaid in, the remainder of the principalis paid to a beneficiary; either in alump sum or in equal installmentsuntil the total of distributions equalsthe original principal amount when

Most state insurance departments re-quire insurance companies to provide a“free-look” period after you have pur-chased the policy. It is typically a 10-dayspan in which you can pull out of thecontract and obtain a refund based oncontract terms or state law. You shoulduse this time to review the policy, ask

your insurance agent or stockbroker anyadditional questions and make a final de-cision as to whether the annuity you se-lected was right for you.

Source: Insurance Information Institute,http://www.iii.org/articles/what-is-a-free-look-

provision.html

distributions began. This option typi-cally pays the lowest net distributionamount of all lifetime options.

• Life with Certain Period This option pays lifetime distributionsto the annuitant, but if the annuitantdies within a specified period stated inthe agreement (5 years, 10 years, 20,years, etc.), the annuitant’s beneficiarywould continue to receive the samedistribution for the remainder of thatperiod. Example: If the annuitantchose Life with 20 Years Certain anddied four years later, the annuitant’sbeneficiary would continue to receivethe distributions for the remaining 16years. If the annuitant lives past thecertain period, distributions wouldcease when the annuitant dies. This isthe most popular lifetime option.

• Joint and Survivor OptionThis option pays distributions to twopeople (usually couples) for as long as

both shall live. When the first persondies, the survivor continues to receivedistributions for the rest of the sur-vivor’s life. When the survivor dies,distributions cease. Depending on theoption taken, the survivor may con-tinue to receive the full distribution,two-thirds or one-half of the distribu-tion.

Lifetime Option TaxationTaxation on a Lifetime Option is

based on the exclusion ratio. It is basedon funds expected to be received by thetime the annuitant reaches life ex-pectancy according to IRS tables. Fundspaid in excess of this ratio are consideredtaxable income. If the annuitant lives tothe pre-determined life expectancy age,then all future distributions will be con-sidered 100 percent taxable income in theyear received.

—SPJST—

What is a “free look” provision?

Unlike a 401(k) or an IRA, there areno limits on the amount that you can in-vest in an annuity.

Whether you’re considering a de-ferred or immediate annuity, the amountof money you should consider puttinginto an annuity depends on:

• Your immediate actual and potentialfinancial needs

• Your long-term financial goals• Your current savings/investment

portfolio• The range of alternatives available

to youOf these, the most important is your

immediate actual and potential financial

needs. If you’re buying a deferred annu-ity and you have a sudden need for cash,you can usually withdraw a smallamount without penalty. However, you’lllikely pay a penalty if you make a largewithdrawal within a few years afteryou’ve bought the annuity. If you’re buy-ing an immediate annuity, you usuallycan’t get any more than the regular pay-ments, no matter how badly you needcash. However, if you have other sourcesof cash that are sufficient for any emer-gency or unforeseen needs, then the im-mediate needs criterion is satisfied andthe other criteria become more impor-tant.

Source: Insurance Information Institute,http://www.iii.org/articles/how-much-should-i-

invest-in-an-annuity.html

How much should I invest in an annuity?


Listing reflects Home Office records as ofMarch 1, 2017. Use of this informationfor solicitation or commercial purposes isa violation of the SPJST Privacy Policyand is strictly prohibited. District numberappears in ( ).

LODGE 1, FAYETTEVILLE (1)Ronnie Pflughaupt 979-249-6702 [email protected]

LODGE 4, HALLETTSVILLE (6)Joe Siptak, FIC 979-479-0056 [email protected]

LODGE 5, PILOT POINT-TIOGA (3)Dean Carender 903-564-7359 [email protected] 903-815-5628Elise Koerner, FIC 940-391-1585 [email protected] Munn 903-227-5969 [email protected]

LODGE 6, COTTONWOOD (3)Jeanette Beseda 254-717-7840 [email protected] Cernosek 254-855-6800 [email protected] Holder 254-715-5742 [email protected] E. Kucera, FIC 254-826-5425 [email protected] 254-749-1865

LODGE 9, SNOOK (1)Stacey Eldridge 979-272-1556 [email protected] Gaas 979-272-8873 [email protected] Orsak, FIC, CFFM 979-272-1243 [email protected] 979-324-0056Pamela Pruett 512-760-6740 [email protected] Victorick, FIC, CFFM 979-224-3125 [email protected]

LODGE 10, SHINER (6)Tommy Pietsch 361-772-4158 [email protected] Stratman 361-798-0621 [email protected]

LODGE 13, DIME BOX (1)Ladonna Jatzlau 979-884-0561 [email protected] West 979-540-2208 [email protected]

LODGE 15, BUCKHOLTS (2)Scott Brandon 254-217-5118 [email protected] Helen Rodriguez 254-217-2863 [email protected]

LODGE 17, NEW TABOR (1)Susan Skrabanek, FIC 979-272-3440 [email protected] 979-820-2218

LODGE 18, ELGIN (2)Betty Gaskamp 512-281-0234 [email protected] McCrary 512-484-0946 [email protected] McCrary 512-281-6000 [email protected] Taylor 512-303-0825 [email protected]

LODGE 20, GRANGER (2)Chris Warren 512-826-0563 [email protected]

LODGE 23, MORAVIA (6)Elizabeth Holub 979-561-8640 [email protected]

LODGE 24, CYCLONE (2)Roberta Amos 254-773-1100 [email protected] Castillo 254-773-0092 [email protected] Hoelscher 254-985-0347 [email protected]

LODGE 25, ENNIS (3)Eugene Dolezal 972-935-4363 [email protected] Droste 972-965-5308 [email protected] Dvorak 972-821-8946 [email protected] Jurik 972-872-9997Kay Lynn Kovar, FIC 972-875-6827 [email protected] Krajca 972-878-6149 [email protected] McIntosh 972-935-2082 [email protected]

LODGE 28, EAST BERNARD (6)Linda Bratina 832-647-9971 [email protected] Kaminsky, FIC 979-335-4461 [email protected]

LODGE 29, TAYLOR (2)Cristy Girod 512-468-1347 [email protected] Aaron Jezisek 512-639-4715 [email protected] Machu, CFFM 512-365-5489 [email protected] Jesse Pospisil 512-826-7371 [email protected] Cannon 512-948-5339 [email protected]

LODGE 30, TAITON (6)Bradley Bacak, FIC 979-543-9362 [email protected] Bacak, FIC 979-543-9362 [email protected] Carolina Covarrubia 281-779-9956 [email protected] Kaspar, FIC, CFFM 979-332-1616 [email protected] 979-543-2532

LODGE 32, VICTORIA (6)Pamela Hughes 979-236-7398 [email protected] Rangel 361-571-1697 [email protected]

LODGE 35, ELK (3)James Mann, FIC 254-715-0275 [email protected] Pavelka 254-749-3326 [email protected]

LODGE 38, KOVAR (1)Johnnie J. Janak 512-237-5228 512-237-2432

LODGE 39, BRYAN (1)John Kitchens 936-396-1767 [email protected]

LODGE 40, EL CAMPO-HILLJE (6)Ardis Bacak, FIC 979-578-8907 [email protected] Cathy Garcia 979-332-1614 [email protected] Holub, FIC 979-543-7387 [email protected]

LODGE 41, PORT LAVACA (6)Franklin Jurek, FIC 361-920-9674 [email protected] 361-552-9674

LODGE 47, SEATON (2)Deanna Burt 254-718-9453 [email protected] Carpentier 254-307-7556 [email protected] Coufal 254-986-2448 [email protected] Klinkovsky, Jr. 254-721-4076 [email protected] Koslovsky, FIC 254-985-2396 [email protected] Malina 254-534-3311 [email protected] Martinez 254-985-2457 [email protected] Pechal 254-721-8370 [email protected] Pechal 254-654-5661 [email protected] Seiler 254-939-0180 [email protected] Skrabanek, FIC 254-985-2344 [email protected] Talasek 254-931-0639 [email protected] Zabcik 254-749-5607 [email protected]

LODGE 48, BEYERSVILLE (2)Donna Vanecek 512-736-5731 [email protected] Wuensche 281-352-3517 [email protected]

LODGE 49, ROWENA (4)Brandi Adair 325-320-7783 [email protected] Aleman 325-977-0757 [email protected] Halfman 325-442-4425 [email protected] Jimmy Jones 325-372-5522 [email protected] 325-248-3579Thomas Kirkpatrick 432-558-2777 [email protected] M. Rodriguez 325-949-9508 [email protected] Rollwitz, FIC, CFFM 325-442-3141 [email protected] M. Rollwitz, FIC 325-442-3141 [email protected] Rooke 325-446-3073 [email protected] Schaefer 432-397-2483 [email protected] Sonnenberg 325-718-8445 [email protected] Teplicek 325-442-4841 [email protected]

LODGE 51, ELLINGER (1)Edna Bergfeld 979-732-3776 [email protected] Kaiser 979-732-1386 [email protected] 979-732-5030

LODGE 54, WEST (3)Freddie Kaluza 254-826-3534 [email protected] 254-709-2303Janice Kaluza 254-826-3534 254-749-5676 [email protected] Martin 254-854-2833 [email protected] Willis, FIC 254-799-5394 [email protected]

LODGE 66, WACO (3)Kim Allen 254-709-1227 [email protected] Allen 254-339-9375 [email protected] Clayborne 254-799-4790 [email protected] Kaelyn Dillard 254-694-7800Randolph Dillard, Sr. 254-694-5099John Engelke 254-717-7534 [email protected] Gaidusek, Jr. 254-934-2527 [email protected] 254-709-5976Justin Gaidusek 254-718-8212 [email protected] Galysh 254-754-5174Denise Gay 254-722-0763Joel B. Gay 254-836-1039 [email protected] Hannes 254-733-4914 [email protected] House 254-749-4636 [email protected] Matula 254-822-1550 [email protected] Thompson 254-717-9008 [email protected] Tull 254-857-8600 [email protected] Turnbough, Jr. 254-652-0707 [email protected] Washington, Jr. 832-508-1507 [email protected] Willingham 254-315-2575 [email protected]

LODGE 67, SCHULENBURG (1)Adrienne Kobza 979-561-8237 [email protected]

LODGE 76, WICHITA FALLS (4)William Ibarra 940-642-6149 [email protected] Cox 940-674-5554 [email protected] Esparza 940-766-0472 [email protected] R. Garcia 940-782-3943Jocelyn Reaves 940-257-9114 [email protected] Reaves 940-257-9117 [email protected] Waddle 940-569-2934 [email protected] Williams 806-202-3925 [email protected]

LODGE 79, CORPUS CHRISTI (7)Carlos Benavidez 361-739-5907 [email protected] Cueva 361-389-2444 [email protected] Dheming, Sr. 361-561-7658Armando Diaz 361-945-2790 [email protected] Flores 361-945-2695 [email protected] Flores 361-852-0749 [email protected] Garcia 361-438-1860 [email protected]

9 X 9 X SPJST Sales Agents X 9 X 9

14 2017 SPJST Life Insurance and Annuity ExtraCynthia Gomez 361-534-9490 [email protected] Jaramillo 210-685-6830 [email protected] Juarez 361-537-5506 [email protected] Knapp, LUTCF 361-765-4646 [email protected] Longoria, LUTCF 361-325-3551 [email protected] Mora 361-549-0116 [email protected] Morck 361-904-6241 [email protected] Newton 956-251-5076 [email protected] Perez, LUTCF 361-814-0314 [email protected] Reyna 361-547-0064 [email protected] Sanchez 361-876-6669 [email protected] Sijansky, FIC 361-853-1227 [email protected] Thrasher 361-425-3699 [email protected] Vasquez 361-765-3258 [email protected] Whittington 361-939-7588 [email protected] Zumwalt 361-815-3595 [email protected]

LODGE 80, HOLLAND (2)Vicki Benner Slye 254-657-2628 [email protected] Horak 254-657-3018 [email protected] W. Liles 254-657-2488 [email protected] 254-913-7674

LODGE 81, NEEDVILLE (5)Amber McDonald 832-731-7275 [email protected] Sacra 281-782-9020 [email protected] Stavinoha 979-793-2386 979-793-4364 [email protected]

LODGE 84, DALLAS (3)Thomas Athas 817-521-6662 [email protected] Novak 972-948-4456 [email protected]

LODGE 87, TEMPLE (2)Betty Barton 254-624-6276Karin Bryant 254-338-3275 [email protected] Westlake 254-913-3087 [email protected]

LODGE 88, HOUSTON (5)Carolyn Filipp Beseda, FIC 281-546-7941 [email protected] Braud 225-806-4344 [email protected] Hegwood, FIC 713-864-0489Vincent Hegwood, FIC 281-358-7312 [email protected] Holeman 713-691-6434 [email protected] 713-305-7895Janice Jahns 281-615-5046 [email protected] Johns-Sullivan 713-557-2550 [email protected] Latigo 713-385-0590 [email protected] Norris-Guerrero 832-492-1729 [email protected] W. Pflughaupt, FIC 713-864-2163 [email protected]

LODGE 91, SAN JACINTO (5)Tommy Ganaway 281-204-7211 [email protected] Thomas, Jr. 832-687-1099 [email protected] Wilkinson 281-446-0467 [email protected]

LODGE 92, FORT WORTH (3)Thomas Brown 940-321-8717 [email protected] Ford 817-239-6547 [email protected] Hubenak 817-498-3905Holly Hubenak Anderson 817-337-0964 [email protected] Krivanek 817-237-4120Liborio Saldivar 817-987-7471 [email protected]

LODGE 97, PLACEDO (6)Gay Revel, FIC 361-649-4443 [email protected]

LODGE 107, FLORESVILLE (7)Bob Bayer, FIC 830-393-2872Wendy Pruski, FIC 210-535-4916 [email protected] Puig 956-489-4995 [email protected] Rodriguez 830-393-2229 [email protected] Rodriguez 210-375-2131 [email protected] Romero 956-763-4498 [email protected] Strey 830-420-3185 [email protected] Ronald Thuney 830-393-6729 [email protected]

LODGE 117, ROBSTOWN (7)Sylvia Ballin 361-563-0800 [email protected]

LODGE 130, DALLAS (3)John Vrla 214-906-3385 [email protected]

LODGE 133, SAN ANTONIO (7)Theodore Aanderud 210-639-6313 [email protected] Cisneros 210-264-8045 [email protected] C. Garcia 210-531-9949 [email protected] 210-861-4985Yvette Garza 210-784-9876 [email protected] Giron 210-865-5639 [email protected] Gutierrez 210-386-4708 [email protected] Hernandez 210-454-5456 [email protected] Larrotta 210-421-2585 [email protected] Martinez 210-789-1061 [email protected] Mier 210-480-0883 [email protected] Morales 210-501-4751 [email protected] Morales 210-383-9275 [email protected] Popp, FIC 830-964-5135 [email protected] M. Ramirez 956-844-1136 [email protected] Strickland 979-966-9519 [email protected] Reyes 210-412-0161 [email protected] Varela 210-320-5200 [email protected] Votion 210-386-3383 [email protected]

LODGE 139, DANBURY (5)Justin Smith 979-215-9667 [email protected] Strebeck 979-922-8000

LODGE 141, SEALY (1)Rick Martinez 979-885-4900 [email protected] Simpson 713-818-9800 [email protected]

LODGE 142, HOUSTON (5)Kerry Herrington 281-704-5737 [email protected] Manchack 281-893-8107 [email protected] McKnight 832-397-7493 [email protected]

LODGE 151, WHARTON (6)Monica Barcenas 832-375-4927 [email protected] Bucek, FIC 979-335-4118 [email protected] Pilgrim, FIC 979-543-3754 [email protected]

LODGE 154, FORT WORTH (3)Fred Flores 817-724-7673 [email protected] Humphreys 817-925-2327 [email protected] Steinman 817-624-1760 [email protected]

LODGE 155, AUSTIN (2)Minerva Leos 512-945-0284 [email protected] D. Rodriguez 512-591-4022 [email protected]

LODGE 157, LUBBOCK (4)Paul Harwood 806-681-9701 [email protected] Kristinek 806-632-2432 [email protected] Ramirez 806-535-8799 [email protected]

LODGE 160, SAN ANGELO (4)Bobby G. Davis, FICF, CFFM 325-450-3748 [email protected] A. Jansa, FIC 325-651-8045 [email protected] Jansa 325-234-5879 [email protected] Pool 325-949-8499 [email protected] Talamantez 325-262-9743 [email protected] Tambunga 325-944-8836 [email protected]

LODGE 162, IOWA COLONY (5)Wardell Starling 281-250-8168 [email protected] Reynolds 832-882-4660 [email protected]

LODGE 169, BRENHAM (1)Nello Strickland 979-451-3229 [email protected]

LODGE 171, LOCKHART (1)Carol Castillo 512-787-3430 [email protected] “Bill” Cleveland 512-488-2282 [email protected] Eureste 512-227-1949 [email protected] Eureste 512-376-0104 [email protected] Graham 512-412-2271 [email protected] Kennemer 512-227-4203 [email protected]

Dana Murray 512-227-1488 [email protected] Peralez 512-749-5551 [email protected] Roberts, FIC 512-398-6755 [email protected] Schawe 512-376-5141 [email protected] Schawe 512-398-4433 [email protected] Staton, FIC 512-738-0801

LODGE 172, PASADENA (5)Sophia Rainey 713-775-4698 [email protected]

LODGE 177, ACADEMY (2)Kathy Kruger 254-718-9037 [email protected] Miller 254-983-0011 [email protected]

LODGE 178, LONGVIEW (3)Ronnie Ballard 903-785-0467 [email protected] Ballard 903-785-0467 [email protected] Cotham, Jr. 903-736-4637 [email protected] Lessmeier, II 903-452-8989 [email protected] Miller, Jr. 903-639-1990 [email protected] Quinn 903-753-8338 [email protected] Lee Ann Shinn 903-539-3369 [email protected] Walsh 903-639-3159 [email protected]

LODGE 179, WARRENTON (1)Ricky Weyand 979-249-5679 [email protected]

LODGE 180, BURLESON (3)Nancy Kelly 817-558-7347 [email protected]

LODGE 181, CONROE (5)Charles Toney III 281-362-9062 [email protected] Williams-Rash 936-295-7778 [email protected]

LODGE 183, ARLINGTON (3)Sabino Garcia 817-909-8899 [email protected] Havran 817-467-3010 [email protected] Jordan, Jr. 817-477-7351 [email protected] Lange 786-285-4779 [email protected] Lerma 682-438-4693 [email protected] Roznovsky, FIC 972-252-6763 [email protected] Steelman 972-294-1043 [email protected] Weeks 817-896-5277 [email protected]

LODGE 185, NEW BRAUNFELS (7)April Howard 830-626-3303 [email protected] Kitchen 210-289-0075 [email protected]

LODGE 186, CALDWELL (1)Thomas Cannon 979-567-4264 [email protected] Haisler 979-219-1983 [email protected] Johnson 979-575-1151 [email protected] Mendez 979-567-9144 [email protected] Mendez, Jr. 979-567-9144 [email protected]


LODGE 187, ROUND ROCK (2)Christopher Giesenschlag 830-385-6955 [email protected] M. Volek, FIC 512-771-4948 [email protected]

LODGE 188, CENTERVILLE (1)Sharon Carrigan 979-828-5249Belinda Liner 979-280-0221 [email protected] Stover 979-828-5041 [email protected]

LODGE 189, BRYAN-COLLEGE STATION (1)Frank Bosquez, Jr. 979-739-6884Jan Johnson 832-875-0953 [email protected] P. Mayo 979-693-5818 [email protected] Perez 979-574-4072 [email protected] Schroeder, LUTCF 936-661-2294 [email protected] Zemanek, Jr. 979-822-3277 [email protected]

LODGE 191, LUFKIN (5)Doyle Oliver 936-366-0386 [email protected]

LODGE 196, HOUSTON-WEST (5)Deann Beckendorf 254-275-8028 [email protected] Bird, FIC, CFFM 832-851-5466 [email protected] Childres 832-496-6646 [email protected] Doherty 832-232-2049 [email protected] Felder 832-493-1125 [email protected] Fruin 832-651-5388 [email protected] Penright 281-820-3677 [email protected]

LODGE 200, BRUCEVILLE-EDDY (2)Randall Cortasie, Jr. 254-230-5807 [email protected] Garrett 254-938-2424 [email protected] McBride 254-228-6465 [email protected] Nauert, FIC 254-534-0809 [email protected]

LODGE 202, JOURDANTON (7)Janice Favor 830-429-3090 [email protected] Henry 830-570-0100 [email protected] Gail Lee 830-579-4714 [email protected] Ramey, FIC 830-393-3320 [email protected] Sadler 210-776-2371 [email protected]

LODGE 204, STEPHENVILLE (3)Norman Kneschk, FIC 254-386-3222 [email protected] McBee, FICF, CFFM 325-647-1949 [email protected] Pierce 254-965-5953 [email protected] Pierce 254-485-5801 [email protected]

LODGE 206, TRI COUNTIES (3)Melissa Pew 254-729-5005 [email protected]

LODGE 207, IOWA PARK (4)Dennis Kotulek 940-855-0882 [email protected] Kotulek 940-855-0882 [email protected]

LODGE 215, SOUTH PLAINS (4)Laura Cordero 806-292-9086 [email protected] Flores 806-293-2651 [email protected] Flores 806-293-2651 [email protected] Garcia 806-518-4801 [email protected] Lehmann 806-535-8356 [email protected] Carson Lehmann 806-441-2636 [email protected] Turpen 806-543-0433 [email protected] Turpen, II 806-895-4448 [email protected] Turpen 806-293-2651 [email protected] Williams 806-632-5239 [email protected]

LODGE 219, EL PASO (4)Ana Ahumada, FIC 915-867-8007 [email protected] Albo-Bonilla 915-694-0846 [email protected] Alvarado 915-630-6745 [email protected] Arreola 915-253-2235 [email protected] Avila 915-203-2684 [email protected] Avilez 915-892-8529 [email protected] Burgos 915-346-5829 [email protected] Carbajal 915-999-7723 [email protected] Chabre 915-504-5493 [email protected] Corral 915-274-2451 [email protected] Cuevas 915-490-2184 [email protected] Del Socorro Cortez 210-287-6186 [email protected] Escajeda 915-328-4915 [email protected] Fernandez 915-539-5634 [email protected] Fierro 915-999-7592 [email protected] Flores 915-626-7376 [email protected] Grajeda 915-926-0440 [email protected] Grajeda, Jr. 915-867-3399 [email protected] Guedea 915-926-9503 [email protected] Guzman 915-588-9815 [email protected] Jaime 915-887-7542 [email protected] Landavazo 915-490-0110 [email protected] Lopez, Jr. 915-667-3702 [email protected] McKula 915-843-7578 [email protected] Molina 915-892-1150 [email protected] Nevarez 915-208-1828 [email protected] Noriega 915-241-3305 [email protected] Noriega 915-526-6984Baltazar Nunez, FIC 915-584-8484 [email protected] Quinones 915-253-6297 [email protected] Quinones 915-706-7751 [email protected] A. Perea 915-494-1009Julio Rangel 915-856-3619 [email protected]

Juan Reyna 915-256-4346 [email protected] Regalado 915-490-6040 [email protected] Rivas 915-857-7216 [email protected] Rivera, FIC 915-630-8074 [email protected] Rodriguez 915-217-8992Garbiela Sanchez 915-494-0064 [email protected] Silva 915-613-7805 [email protected] Vazquez 915-243-9726 [email protected] Viniegra 915-203-3124 [email protected]

LODGE 226, CORSICANA (3)*Maci Corder 903-340-7779 [email protected] Brown 903-874-5242 [email protected] Horne 254-722-9760 [email protected] Ruth Martin 903-425-4842 [email protected]

LODGE 229, ABILENE (4)Tammy Copeland 325-333-4089 [email protected] Hudson 325-370-0573 [email protected] Wayne Macek 325-721-1877Jerry O’Briant 325-235-2671 [email protected] Prieto, Jr. 325-340-7830 [email protected] Ramos 432-425-1163 [email protected] Smith 325-572-4288 [email protected] Stevens 325-537-9224 [email protected] Tipton 254-485-3289 [email protected]

LODGE 230, MIDLAND (4)Olivia Madrid 432-349-9378 [email protected] Mestas 432-336-5200 [email protected] Ramirez 432-889-8487Anabel Sierra 432-661-7299 [email protected] Slatton 432-683-0812 [email protected]

LODGE 232, HOUSTON MIDTOWN (5)Chris Liebum, LUTCF 832-252-9413 [email protected] Roberts, FIC 832-256-9483 [email protected] Zapalac 281-750-2920 [email protected]

LODGE 234, LULING (1)Boyd Maxwell 830-875-3244 [email protected]

LODGE 238, GOLDTHWAITE (4)*Kim Wesson 325-648-3065 [email protected]

LODGE 242, AMARILLO (4)*Lesa Browning 940-585-4625 [email protected] Lambert 940-937-2077 [email protected]

LODGE 246, MORGAN’S POINT (2)Tamara Gettys 254-598-2831 [email protected] Hutto 325-247-5918 [email protected] Lee, III 254-289-6816 [email protected]

Don Miller 254-760-3726 [email protected] Miller 254-913-6641 [email protected] Salinas 254-220-9240 [email protected] Shockley 325-277-6467 [email protected]

LODGE 256, DENVER CITY (4)*Dennis Haralson 432-758-5886 [email protected] Leach 806-592-9184 [email protected]

LODGE 258, SEGUIN (7)Dominga Esquivel 512-396-0642 [email protected] Jenke, Sr., FICF 830-303-4316 [email protected] Jenke 830-303-4316 [email protected] Strey 830-779-2238 [email protected] 210-912-0850

LODGE 264, PLANO (3)*Dennis Bradford, FICF 972-215-6999 [email protected]

LODGE 265, ODESSA (4)*Stanley Huffty 432-638-1681 [email protected]

LODGE 272, DEL RIO (4)*Loida Arellano 830-469-9789 [email protected] Blas 830-719-6899Nirma Bustamante 915-726-4485 [email protected] Canela 830-374-2844 [email protected] Juan Diego 830-719-9342 [email protected] B. Garcia 830-422-2887 [email protected] Hargrove 830-313-2776 [email protected] Hinojos 915-471-2930 [email protected] Hyslop 830-734-1048 [email protected] Mendoza 915-920-8769 [email protected] Merencio 915-822-4623 [email protected] Murray 830-313-0975 [email protected] Quiz 915-999-2062 [email protected] Olvera 830-298-7672Salina Raymond 210-849-4742 [email protected] Tovar 210-367-6783 [email protected] Vargas 830-469-9003 [email protected]

—SPJST—

TRUSTTrust doesn’t just happen. It’s a caring relationship established over time. For 120 years, SPJST hasworked to earn the trust and ensure the financial security of its members and demonstrate its fraternalcommitment to the communities where SPJST members live, work, and play. Member benefits include:★ Life Insurance, Annuities and IRAs★ Statewide Youth Program★ Summer Camp at the SPJST Education and Nature Center★ Scholarships: More than 70 awarded statewide in 2016★ Community Service Through 101 Statewide Lodges★ Projects That Celebrate American Patriotism and the

High Ideals and Heritage of SPJST’s Czech-American Founders

For membership information,contact the SPJST Home Officeat 520 North Main Streetin Temple, Texas or onlineat spjst.org or by telephoneat 800.727.7578.

SPJST offers life insurance andfraternal benefits that make a positive difference in the lives of our members and in the communities where SPJST

members live, work, and play.

Serving Texas Families Since 1897

SPJST Fraternal LifeHome Office at 520 N. Main in Temple, Texas

2017 Life Insurance and Annuity ExtraMar 15, 2017 · 2 2017 SPJST Life Insurance and Annuity Extra...

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Transcript of 2017 Life Insurance and Annuity ExtraMar 15, 2017 · 2 2017 SPJST Life Insurance and Annuity Extra...