WPA: Important Announcement SPWL

William Penn Association (WPA)

Due to changes in the guidelines for actuarial certification of illustrations, we needed to reduce our projected dividend scale for our Single Premium Whole Life product by 25%. Although the new projected dividend rate will be .75% of certificate cash value, we are still paying 1% according to the original scale.

As part of this change we request that all agents download the updated SPWL software from the agent’s portal at www.wpalife.org using the password @g3nts709. Scroll down until you see the box for “SPWL Illustration Software” and follow the instructions for download. This program is currently for windows only.

ALL SPWL applications should be submitted with illustration Version 1.34, release date 2/26/19.

Please contact us at 855-888-8326 if you have any trouble with the download or usage of the software.

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