WHICH TYPE OF
INSURANCE IS
RIGHT FOR YOU?
Free life insurance quotes
in less than 1 minute!
Free life insurance quotes
in less than 1 minute!
WHOLE LIFE INSURANCE
Guaranteed and Lasting Protection
Whole life insurance is a form of permanent life insurance that remains in force for your entire lifetime. Your benefits are guaranteed as long as you pay the required premiums on time.
Whole life insurance may have higher payments than term life, however, there are several reasons why you should consider permanent life insurance:
-
Your coverage will last your lifetime
-
You prefer to have life insurance protection and tax-advantaged accumulation of cash value
-
You are able to access your policy's cash value through loans or withdrawals*
-
You have advanced planning needs like business continuation or key person protection.
Benefits of whole life insurance
LEVEL
PREMIUM
PAYMENTS
GUARANTEED DEATH BENEFIT COVERAGE
GUARANTEED
CASH VALUE
ACCUMULATION
CASH VALUE
GROWS
TAX-DEFERRED
FIXED
INTEREST
RATE
Is whole life insurance right for you?
Do you want a life insurance policy that will last your lifetime? (Policy premiums must be made in order for policy to remain active.)
Do you a family history of health issues that may make it difficult to secure coverage later in life?
Do you think cash value could be a future benefit for liquidity, retirement, or estate planning?
Do you need money to offset the cost of inheritance or estate taxes?