What is Whole Life Insurance?

Whole Life Insurance is a form of permanent life insurance that builds cash value over time and locks in a fixed premium for life. With level premiums and the accumulation of cash values, Whole Life Insurance is good for long-range goals. The cash value in Whole Life Insurance can provide money to help with temporary needs or emergencies at a later date. Whole Life Insurance may be right for you if any of the following appeal to you: 

• Cash value accumulates tax-deferred.
• Ability to borrow against cash value at low rates (death benefit is reduced by any outstanding loan balance).
• Great solution for retirement income or cash for special needs.

To find a policy that suits your specific needs, please contact one of our professionals today.