Whole Life
Are you worried about paying for major expenses later in life and making sure that you and your family's future is financially secure? Large financial burdens like college tuition, retirement savings and how to provide for your family in case something happens to you can seriously weigh upon the mind and cause tremendous stress.
A Whole Life policy provides you with complete peace of mind about your finances by helping you save and meet your financial goals in the present while providing security and stability for you and your family in the future. As you pay into the policy, the cash value continues to grow providing you with greater security and financial flexibility the longer you own the policy.
One distinct advantage of holding a Whole Life policy is knowing that your loved ones will be financially secure even when you can't be there to care for them. Each policy offers a guaranteed death benefit that will provide immediate cash to your beneficiaries that they can use to pay medical/funeral expenses, pay off the mortgage, replace lost income, etc.
But in addition to the guaranteed cash value that will provide for security for your family after death - you can also use the accumulated tax-deferred cash values of your Whole Life policy to:
- Pay College Tuition
- Pay Off Your Mortgage or Other Debts Early
- Start Your Own Business
- Finance an Investment Opportunity
- Supplement Your Retirement Income
- Pay For Any MAJOR EXPENSE That Arises!
Whole Life coverage is like "life insurance with benefits" because while the guaranteed cash value helps secure your family's financial future upon death - you can also use your accumulated cash values to help pay for major expenses that ALWAYS seem to come up!