Whole Life Insurance

Whole life insurance is life insurance for your entire life, it builds cash value over time, and cannot be cancelled unless the monthly premium is not paid. Most whole life policies go to age 100, so as we get older we want to consider having some whole life insurance.

Most life insurance companies have a level benefit or a graded benefit. A level benefit is coverage for those that are healthy and have not have any major health issues. The coverage starts the day you purchase the policy once approved. This type of insurance is underwritten so there are health questions and a health interview required to pre-qualify you.