Features of whole life insurance:

Provides guaranteed coverage for life.
The premiums will never increase.
Participating whole life policies will pay you a yearly dividend which can be used to lower your premium, increase the death benefit, or redeemed as cash.
Perfect for people who think long-term and wish to have a plan that is not subject to investment gains or losses.
You can surrender the policy at any time in the future and the current cash value of the policy will be returned to you. These cash values are guaranteed.
You can choose to pay premiums for the rest of your life (until age 100), or for a set period of time - 15 years? 20 years? You can even purchase the policy in one single payment.

Major uses of whole life insurance:

Estate Creation: Realize the advantages of a lump sum, tax free benefit, and how you could use it to create generational wealth within your family.
Estate Preservation: Save your estate from government tax erosion, so your family can afford to keep the capital assets you worked hard for.
Final Expenses: These can include funeral costs, court expenses related to probating your will, and other taxes associated with distributing your capital assets.
Create a Legacy: Make a charitable donation to a church, school, or other organization.
Buy-Sell agreements for business associates. Partners can use whole life insurance to buy out the remaining shares of a business in the event of the other’s death.
Create a pension plan for your spouse while enjoying a greater income through pension maximization.

When you are ready to talk with someone, give us a call (toll free) 1-877-830-7000.