Whole life insurance is a powerful way for you to help protect your loved ones both now and in the future. By offering permanent protection with premiums that never increase, whole life insurance policies allow you to provide for your family, even when you can’t be there for them. Unlike some other forms of life insurance, whole life insurance policies build cash value you can use while you are living to help meet a range of your financial goals.
When you choose whole life insurance to protect those who matter most, you select protection that is guaranteed to last a lifetime. Your premium will never go up, and the guaranteed coverage amount won’t change. Whether you just experienced the birth of your first child, or you are several years into retirement, you can feel the comfort of knowing you’re covered.
Build Cash Value
Many people choose whole life insurance because it can help them reach financial goals while they are living. Whole life insurance policies will accumulate cash value, which is guaranteed to increase over time. You can borrow from our policy for many different reasons, including helping pay for college, supplement your retirement income, or provide cash for emergencies.
Opportunity to Earn Dividends
Whole life policy owners are also eligible to receive dividends. Any dividend you receive can be used to increase your life insurance protection and grow your cash value.