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TWA reports 10 percent interest earnings for policyholders

Date Posted: 1999-08-13

Trans World Assurance Co., one of the leading private insurers of military personnel, announced earned interest on its popular Accumulation Fund. The fund has earned at least ten percent in year-to-date benchmark reports.

According to the company, the TWA Accumulation Fund policy allows policyholders to accumulate money in amounts acceptable to the company up to $1,000 in any one calendar year. The Accumulation Fund rider, attached to the company’s life insurance policies, has a guaranteed interest rate of four percent but has never paid less than 10 percent. The company notes that the benchmark for 1999 is holding steady at 10 percent and will stay so the remainder of the year.

“This is great news for the many men and women in uniform who comprise the majority of our policy holders,” Charles B. Royals, the president of TWA stated. “Our history has been one of 37 years of secure investments that provide sound financial future for our policyholders.”

Royals continued that “The ability to accumulate a significant ‘nest egg’ is important for our policyholders’ secure future. It allows them to pursue their goals whether it’s for retirement or their children’s education or investment in a home.”

TWA Okinawa office can be reached by phone at 935-4899.

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