Secure a Lifetime of Protection and Financial Growth with Whole Life Insurance

Enjoy guaranteed benefits, lifelong coverage, and increasing value for generations

What is Whole Life Insurance?

Whole Life Insurance is a permanent life insurance policy that provides lifelong protection and builds cash value. It offers guaranteed benefits, including a death benefit, cash value accumulation, and level premiums, making it a cornerstone of long-term financial planning.

Key Benefits of Whole Life Insurance:

  • Lifelong Guaranteed Protection:

    • Enjoy the peace of mind that comes with guaranteed lifelong coverage. Your loved ones are protected no matter what the future holds.

    • Your coverage amount will never decrease, providing unwavering financial security for your beneficiaries.

  • Fixed Premiums for Life:

    • Your premium payments will never increase, ensuring predictable and manageable costs throughout your lifetime. Your price is locked in forever.

  • Increasing Death Benefit:

    • Experience the benefit of an increasing death benefit every 10 years, providing growing financial protection for your loved ones.

  • Guaranteed Cash Value Growth:

    • Build a secure cash value that grows at an increasing interest rate, providing a valuable asset for your future needs.

  • Annual Dividends:

    • Participate in the company's financial success with annual dividends, which can increase your policy's value over time.

  • Enhanced Protection with Accidental Death Benefit:

    • Double the protection for your beneficiaries in the event of an accidental death. Your loved ones receive twice the coverage amount, providing added financial security during difficult times.

  • Living Benefits for Critical Needs:

    • Terminal Illness Benefit: In the event of a terminal illness with a life expectancy of 12 months or less, receive up to 90% of your death benefit upfront, providing financial support during challenging times.

    • Chronic Illness Benefit: Receive up to 25% of your death benefit upfront if you are diagnosed with a chronic illness that affects your daily living activities, such as diabetes or asthma, helping you manage medical expenses and maintain your quality of life.

Why choose Whole Life Insurance?

Guaranteed Security: Enjoy guaranteed death benefit, cash value growth, and level premiums.

  • Legacy Planning: Leave a lasting financial legacy for your loved ones.

  • Financial Stability: Build a reliable asset that can be used for various financial needs.

  • Long Term Growth: Watch your death benefit and cash value increase over time.

 FAQs

  • No, your Whole Life Insurance provides lifelong coverage, ensuring your beneficiaries are protected for your entire lifetime, as long as the policy remains active.

  • No, your premium payments are fixed and will remain level throughout the life of the policy. This provides financial predictability and stability.

  • Your Whole Life Insurance policy offers a robust suite of benefits, including:

    • Guaranteed lifelong death benefit.

    • Fixed premiums that never increase.

    • An increasing death benefit every 10 years.

    • Guaranteed cash value accumulation with an increasing interest rate.

    • Annual dividends that can increase the policy's value.

    • Accidental death benefit that doubles the death benefit in case of accidental death.

    • Living benefits, including:

      • Terminal illness benefit, providing up to 90% of the death benefit if diagnosed with a terminal illness.

      • Chronic illness benefit, providing up to 25% of the death benefit if diagnosed with a qualifying chronic illness.

  • Your Whole Life policy accumulates cash value over time at a guaranteed and increasing interest rate. This cash value grows steadily and provides a valuable financial asset.

  • While dividends are not guaranteed, they are a historical benefit of Whole Life policies from mutual insurance companies. They are based on the company's financial performance and are typically paid annually

  • Your policy is designed to automatically increase the death benefit amount in 10 years. This feature ensures that your coverage keeps pace with your evolving needs.

  • Yes, you can access your accumulated cash value through policy loans or withdrawals. However, please be aware that policy loans accrue interest, and withdrawals may reduce the death benefit and cash value. It’s always best to speak with a financial professional before pulling cash value.

  • Your beneficiaries will receive the death benefit, which may include the accumulated cash value, depending on the policy structure.

  • Living benefits allow you to access a portion of your death benefit while you are still alive if you meet certain qualifying conditions, such as a terminal or chronic illness.

  • A terminal illness is generally defined as a medical condition with a life expectancy of 12 months or less.

  • A chronic illness is a medical condition that affects your daily living activities, such as needing assistance with bathing, dressing, eating, or mobility. Examples include diabetes requiring insulin injections and asthma requiring daily inhaler use.

  • You can access up to 90% of your death benefit for a terminal illness and up to 25% for a chronic illness.

  • An accidental death is generally defined as a death resulting from an unforeseen and unintentional event, such as a car accident, fall, or drowning.

  • The accidental death benefit doubles the death benefit that would normally be paid to your beneficiaries.

  • Dividends are a return of excess premiums paid by policyholders in mutual insurance companies. They can be used to increase the death benefit, reduce premiums, or be taken as cash.