Whole Life Insurance
Lifetime Security with Guaranteed Growth
For individuals seeking permanent protection paired with a savings component, Whole Life insurance offers a time-tested solution. It provides a guaranteed death benefit for your entire lifetime, with level premiums that never increase. A key feature is its guaranteed cash value, which grows at a fixed, predictable rate on a tax-advantaged basis. This cash value can be borrowed against for any need, providing a source of funds for opportunities or emergencies.
Common Question for Life Insurance
Life Insurance is protection against financial loss resulting from death. It is an insurance company’s promise to pay your beneficiary a specific amount of money when you die in exchange for timely payment of premiums.
Although you may not think about it, your ability to earn an income is a significant asset and life insurance helps replace lost income in the event of your premature death.
It depends on your individual situation and on the nature and severity of the health issue. Additional medical information may be required and approval may be at a higher premium rate than a healthy person of the same age.
Yes, by submitting written request to the company. However, the changes can only take effect at policy anniversary date.