Life Insurance Policies Made for You
Ensure your family’s financial security with TWA Life Insurance. Our comprehensive policies offer peace of mind by providing a financial safety net for your loved ones when they need it most. Protect what matters, so you can focus on living life to the fullest.

What is Life Insurance?
Life insurance provides financial protection for your family by offering a lump sum payment to your beneficiaries upon your death. This payment helps cover expenses like funeral costs, debts, and living expenses. It ensures your loved ones are supported when you can no longer be there for them.

Types of Life Insurance
The two main categories of life insurance are “term life” and “permanent.” Both types of life insurance will provide a lump sum payment–known as a “death benefit”–when the insured passes away. However, a term life policy only pays out if the insured dies during a preset period of time: usually 10, 20, or 30 years. If the insured outlives that term, not only will there be no payout, but it may also be more difficult at that time for the insured to get a new policy due to their age.
At Trans World Assurance, we offer permanent life insurance. These life insurance policies provide lifelong coverage so that the insured’s beneficiaries will receive the full death benefit payout regardless of how long the insured lives. Permanent policies also act as investment vehicles, accumulating tax-free cash value over time. This is money that can be accessed and used during the insured’s lifetime–hence, this is referred to as a “living benefit,” something that is exclusive to permanent life insurance. The final way in which permanent life insurance stands out from term insurance is through its flexibility: whereas term insurance premiums are set at a fixed monthly price, the premiums for permanent life policies can be adjusted over time as needed.
How Much Does Life Insurance Cost?
The cost of life insurance is influenced by your age, health, and lifestyle. Younger and healthier individuals typically pay lower premiums, while those who have high-risk occupations and hobbies typically have higher premiums. The type of coverage you choose also plays a significant role, with higher coverage amounts, more benefits, and longer terms resulting in higher premiums. By tailoring your life insurance coverage to your needs, you can find a policy that fits your budget.

Founded on Tradition, Built for the Future
Our Values
Our company was founded in 1963 by decorated World War II marine pilot Charles P. Woodbury, who noticed a lack of sufficient retirement and financial protection options for veterans. His commitment to serving our great nation and those who protect it is our guiding light.
Protection You Can Trust
Since our inception, we have strategically invested in United States government bonds and highly rated corporate bonds, allowing us to provide stable financial protection for our insureds even in the face of economic uncertainties.
Superior Service
Finding the right life insurance policy can be overwhelming. That’s why we prioritize providing unparalleled customer service to all of our clients by phone and email.
Why Choose Trans World Assurance?
Simplicity
We make it easy for you to protect your loved ones.
Customizable Coverage
We offer various coverage options so you can build a policy that fits your unique needs.
Protecting Those Who Serve
We believe there is no greater honor than defending our nation. That’s why we have been proudly supporting our servicemembers and veterans by offering affordable, comprehensive life insurance since 1963.
Expert Advice
Our licensed life insurance specialists have the tools and knowledge needed to answer all your questions and find the right policy for you.
Stability
Since 1963, our strategic approach to life insurance has made us one of the most secure insurers in America.
How to Get Life Insurance
Getting life insurance is an important step in securing your family’s financial future.
Life Insurance FAQ
How do I make changes to my policy?
The Policy Owner must complete the appropriate form for the requested change. After logging in, forms may be downloaded and printed from the Forms Link. The Policy Owner may also contact a Service Representative at the Home Office; contact information is listed in the Contact Us section.
How do I get a copy of my policy?
You may request a copy of your policy by contacting our office by telephone, in writing, or from our “Contact Us” page. For policies issued beyond our document retention period, a Policy Verification Certificate will be provided.
How do I change my mode of payment?
You may contact a Service Representative at the Home Office for details.
How can I obtain information on my Policy?
You may contact a Service Representative at the Home Office or register online. By registering online, you will be able to view premium payments, make withdrawals, and much more. Register now at https://online.twalife.com/.
How do I file a Death Claim?
Upon the death of the Insured, you may contact the Home Office Claims Department to report the death. Be prepared to advise us of the Insured’s name, the date and cause of death, and the name, address, and telephone number of the person who should be contacted. A Claimant’s Statement and additional information on how to file a death claim will then be sent to the named Beneficiary(ies). You may click the “Claims” link at the top of this page to download the Claimant’s Form and instructions.
What should I do if I can't pay my premiums?
You should notify the Home Office right away and contact a Customer Service Representative or your agent.
How do I cancel my Policy?
The Owner must submit a written request of cancellation to the Company referencing the Policy number, signature, social security number, and address. Please review the Right to Examine section of your policy.
How do I reinstate my Policy?
In order to consider the reinstatement of a lapsed policy, the owner and/or insured must submit a completed Reinstatement Application along with past-due premiums. Please contact our office to receive the required Reinstatement Application. Please refer to your policy for details and qualifications. The company may require further underwriting and request current medical records be submitted.