Whole Life Insurance

Whole Life Insurance  

Like most people, your first concern is to protect your family if you’re no longer there to provide for them. Whole life insurance is permanent insurance guaranteed to last for your entire life. But in addition to providing a death benefit, your premium payments accumulate as guaranteed cash values for life’s needs — providing money that can be used for key financial goals like building a retirement nest egg, funding a college education or enhancing your estate so you can transfer your accumulated wealth to your heirs.

Whole Life Paid up at 65 or 95:

Life Paid Up at 65 or Life Paid up at 95 are excellent ways to protect your family’s financial security while building guaranteed cash values. As a whole life insurance policy, these two “Life Paid Up” options offer permanent life insurance and a guaranteed level premium that remains fixed throughout the premium payment period. At age 65 or 95, depending on the policy you choose, your premium payments end but your policy is fully paid for and remains in effect during your lifetime.

Whole Life 100:

Whole Life 100 is a whole life policy that offers permanent life insurance and a guaranteed level premium that remains fixed throughout the premium payment period. At age 100, your premium payments end but your policy is fully paid for and remains in effect during your lifetime. In addition, your premium dollars will accumulate cash value. You can then borrow against the policy’s cash value to fund college costs, retirement income, etc. Dividends can be used to reduce premium costs, pay a policy loan, increase cash value or death benefit or a combination of the above.