Permanent coverage that lasts your entire lifetime and builds cash value you can borrow against later, as long as premiums are paid.
Get a quote for Whole LifeAnyone wanting permanent, lifelong coverage plus a savings component, often used for estate planning, leaving a guaranteed inheritance, or supplementing retirement income later through cash value loans.
A whole life policy purchased decades earlier sits undiscovered for years after the policyholder's death, nearly forfeited because no one knew to look for it.
Read the full story →Term life is temporary and expires. Whole life lasts your entire lifetime and builds cash value, at a meaningfully higher premium for the same death benefit.
Yes, once sufficient cash value has built up, typically after several years. Unpaid loans reduce the death benefit if not repaid.
The outstanding loan balance is typically deducted from the death benefit paid out, so it's worth keeping loans in mind when planning your coverage amount.
