Whole life policies guarantee that the amount of life insurance coverage you buy at the start of the policy remains the same throughout your lifetime. The cost is fixed, based on your age when you buy it. And the money paid to your family when you die is generally income tax free.

Death benefit protection

As long as you make the required payments, you can rest assured that your beneficiaries will receive the death benefit if you pass away. Plans start as low as $124.08/mo for $100,000 of coverage.

Guaranteed Cash Value

This policy’s savings component allows your earnings to increase regardless of market conditions.

Potential to earn excess credits

These earnings can be received in cash, accumulated at interest, used to buy additional life insurance or to help reduce premium payments or pay outstanding loans.