Life Insurance

Whole Life Insurance

Whole Life insurance is designed to provide protection over your entire lifetime. You pay one, fixed annual premium amount over the life of the policy period and your survivors receive a guaranteed amount of money upon your death. By design, Whole Life policies have more built-in guarantees in terms of death benefits and cash values as a result of paying the scheduled premiums. The cash value of your policy accrues over time and it is possible to use dividends and cash values to help fund your future premium payments. It is also possible to increase the value of the death benefit by utilizing the dividends to purchase paid-up additional insurance.