Whole Life Insurance

If you are looking for a way to invest and have a life insurance policy that can provide a payout, them you will want to look into permanent life insurance. These policies do not expired as long as you keep up with your monthly payment and can build you a nice savings for your retirement. There are two main permanent life insurance policies Whole Life Insurance and Universal Life Insurance. With a Whole Life Insurance policy you will receive a guaranteed payout when you die as long as you have stayed current on your monthly payment amount. Whole life insurance also builds an investment fund for your retirement and can be withdrawn or borrowed against. The whole life insurance policy provides a great benefit because it remains tax-deferred. Another great benefit about whole life insurance is that your beneficiaries will be taken care of when you die with a guaranteed insurance payout, along with creating an retirement fund or investment fund. The whole life insurance plan typically is more expensive then term life insurance, but it does not expire after a set period of time like the term life insurance.

To find out more give us a call today 661.703.8848