A whole life policy may be right for you if you:
- Need coverage without medical exams or health questions.
- Want a premium that won't increase if you're on a tight budget or have a fixed income.
- Need coverage for debt repayment, burial, or funeral expenses.
- Interested in enhancing existing insurance coverage.
- Want to build cash value and access funds in an emergency.
Whole life insurance covers what?
- Guaranteed lifetime coverage with no medical exams
- Premiums guaranteed not to increase
- The potential for tax-deferred growth of cash value
- Death benefits payable to your designated beneficiarie
