Whole Life Insurance
Build Protection and Cash Value Over Time
What Does Whole Life Insurance Offer?
Whole life insurance provides permanent coverage that lasts your entire life, as long as premiums are paid. In addition to a guaranteed death benefit, whole life policies build cash value over time, which you can borrow against or use as part of your financial strategy.
This type of policy is often chosen for long-term stability and the peace of mind of knowing that premiums and benefits won’t change.
What’s Typically Covered
Whole life policies pay out a guaranteed death benefit to your beneficiaries and accumulate cash value that grows tax-deferred over time.
Common Add-Ons
You can enhance coverage with riders like long-term care benefits, disability waivers, or additional term coverage.
Who Typically Uses This Coverage
Whole life is ideal for those who want lifelong protection, estate planning benefits, or a policy that doubles as a financial asset.
Frequently Asked Questions About Whole Life
Whole life insurance is both a protection tool and an investment in your family’s future. Here’s what you need to know.
Part of your premium goes into a cash value account that grows over time and can be borrowed against.
Yes, whole life policies have fixed premiums that never increase as you age.
Yes, but the additional benefits and guaranteed coverage can make it worth the investment for many.
Yes, you can borrow or withdraw from your policy's cash value, though it may reduce the death benefit.
Absolutely-it can provide tax-advantaged benefits and ensure a lasting legacy for your family.
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