Whole Life Insurance offers guaranteed level premiums and life insurance protection for as long as you live, provided that premiums are paid as required to keep the policy in force. Whole Life policies also provide for the accumulation of cash value on a tax-deferred basis which can be used when you need it.
• Exactly like it says - permanent, not for a specific period. • Protection carries with you your whole life. • Provides for your family’s loss of income, mortgage costs, and educational needs • Gives you access to cash value for life’s opportunities • Enables you to leave a financial legacy for the next generation • Non-guaranteed dividends can help increase the cash value and death benefit provided by the policy