SOURCE: Trans World Assurance Co.

February 13, 2007 06:00 ET

Trans World Assurance Company Announces 7% for 2007

SAN MATEO, CA -- (MARKET WIRE) -- February 13, 2007 -- One of the country's top private insurers of military personnel, Trans World Assurance Co. (TWA), is pleased to announce a 7 percent earned interest rate on its Accumulation Fund for 2007. For the last quarter century the Accumulation Fund has averaged 10.93%. "Our conservative approach has ensured a positive return for our policyholders once again," said TWA president Charles B. Royals. "We pride ourselves on consistently yielding returns that are among the best of all life insurance companies by maintaining minimum investment expense through U.S. government securities and one of the lowest overhead-and-operating-expense-to-income ratios in the business.

"Our policyholders -- the men and women who keep America safe -- deserve a safe repository for their families' resources. We meet this need with our Accumulation Fund, and we're proud to be able to give something back to them with yet another positive performance," Royals added. "For the past 45 years, TWA has been honored by the trust our clients place in us. We uphold this trust by continuing to invest in sound assets, such as U.S. treasury notes."

The Accumulation Fund, a tax-deferred, interest-bearing fund, is part of the company's Flexible Dollar Builder Life Insurance plan. The interest rate on the fund is guaranteed by TWA to be at least 4 percent. The current rate of 7 percent will remain the same for the rest of the year. Trans World Assurance is rated (B++) Excellent by A.M. Best.

In addition to their life insurance premium, policyholders can contribute up to $1,000 a year to the fund in the first year, and more in the following years. Contributions grow tax-deferred, and policyholders can make withdrawals for education, home buying or emergencies.**

Trans World Assurance Co., founded and run by experienced life insurance professionals, provides innovative products designed to meet the specialized needs of career military and municipality workers, as well as small businesses, throughout the United States and around the world. Established in 1962, TWA is headquartered in San Mateo California, and is licensed in 46 states and worldwide. For more information call (650) 348-2300 or visit

*Past performance is not an indicator of future results.

**There is a 5% charge on amounts withdrawn in the first 10 years.

Contact Information

    Trans World Assurance Company
    885 South El Camino Real
    San Mateo, California 94402
    (650) 348-2300