Service Details
Whole Life Insurance provides lifelong coverage for the insured, ensuring that beneficiaries receive a guaranteed death benefit whenever the policyholder passes away. In addition to protection, the policy includes a savings and investment component that builds cash value over time.
Premiums remain steady throughout the life of the policy, and the accumulated cash value can be borrowed against or used as a financial asset during the insured’s lifetime. Although more expensive than term insurance, Whole Life Insurance offers unmatched permanence, stability, and long-term financial security.
Frequently Asked Question
A: While term insurance provides coverage for a fixed period, Whole Life Insurance lasts for the policyholder’s entire lifetime and also builds a cash value component that can grow over time.
A: Yes. Policyholders can borrow against the accumulated cash value, offering a flexible source of funds for emergencies or personal needs — though any unpaid loan will reduce the death benefit.
A: Yes. One of the advantages of Whole Life Insurance is that premium payments remain consistent throughout the policyholder’s lifetime, regardless of age or health changes.
Service Included
- Lifetime Coverage
- Cash Value Accumulation
- Fixed Premiums
- Wealth & Estate Planning