Whole Life Insurance

Whole Life Insurance

The most common type of Whole Life Insurance is straight life – you pay premiums for your whole life and the death benefits remain payable for your whole life.

These policies guarantee the level of premium you pay regardless of age or health, the death benefit and the growing cash values within the policy.

The one feature not guaranteed is the policy dividends.

  • Coverage for life
  • Guaranteed premiums, usually remain level
  • Guaranteed death benefit
  • Guaranteed cash value component
  • Dividends payable on participating policies

Other options