SOURCE: Trans World Assurance Company

Trans World Assurance Company

October 01, 2009 08:00 ET

Trans World Assurance Company Announces the Release of Its FUTURE FIRST UNIVERSAL LIFE INSURANCE Policy

SAN MATEO, CA--(Marketwire - October 1, 2009) - As a leading life insurer for military personnel, Federal employees, small groups and individuals, Trans World feels a responsibility to maintain the highest level of innovation, performance and safety for its many clients. With the introduction of its FUTURE FIRST UNIVERSAL LIFE INSURANCE POLICY, Trans World meets that responsibility.

Trans World's commitment to the safety and security of its policyholders remains steadfast.

Trans World continues to invest primarily in United States Treasury obligations, making it one of the safest and most secure insurance companies in the nation. "The company has avoided the speculative investments that many other companies have fallen victim to," stated a company spokesman. "We believe we are one of the few companies that can say that for every dollar of our customers' liabilities, we have more than a dollar invested in United States Government obligations. Now, more than ever, we are committed to continuing this conservative philosophy. With this new policy, it is our wish to help restore the dreams that have been lost, and to build for the future."

The innovative FUTURE FIRST policy has numerous highlights:

--  Flexible life insurance protection that changes with your needs over
    time.
--  Premium payments that can be tailored to suit your budget.
--  Cash value distributions through withdrawals and loans can be free of
    any income tax.
--  Death benefit proceeds are generally free of state and federal income
    taxes.
--  The ability to contribute extra funds to enhance the cash value growth
    of the plan.
--  Charitable gifting riders.
--  The structure of the FUTURE FIRST UNIVERSAL LIFE policy maximizes the
    potential for asset accumulation, while at the same time providing an
    increasing death benefit.
    

Trans World is proud of its history and its outstanding track record.

Founded in 1962 by Marine Aviator Charles P. Woodbury, Trans World has been dedicated to providing high quality insurance and cash accumulation products to those who have served our country and given so much to us. While maintaining a low overhead and a conservative investment philosophy, we have returned to the customer an outstanding return over the last half-century. As we move forward in time, such will be our commitment to the new FUTURE FIRST UNIVERSAL LIFE INSURANCE POLICY. TWA is headquartered in San Mateo, California, and is licensed in 46 states and worldwide. For more information call (650) 348-2300 or visit www.transworldassurance.com