Whole life insurance, life term life insurance, is easy to understand. With a whole life insurance policy, you get permanent financial benefit for your entire life as long as your premiums are paid.

The benefits of a whole life insurance policy are many:

  • Your rates are fixed and will not increase as you age and your premiums are always paid
  • Affordable rates and variable benefit amounts, typically from $25,000-$150,000
  • Building cash value that is yours to use and can be borrowed for certain events such as lost income, mortgage payments and education.

A whole life insurance policy is a guarantee that your family will have something when you’re gone. It is also a great way to secure a nest egg for unforeseen events. Talk to a licensed agent at our office to see if a whole life insurance policy is right for you. Coverage amounts and premiums will differ between carriers.