Whole Life Insurance
Whole Life Insurance is a form of permanent life insurance, featuring guaranteed premiums, death benefits, and a cash value. Whole life insurance policies also give you the potential to receive dividends, which can increase the value of the policy when the insured is living or provide an increased death benefit for your beneficiaries.
Whole life insurance offers peace of mind through the guarantees it provides:
Guaranteed level premiums. The premiums paid for whole life insurance are guaranteed to remain the same for the life of the policy, regardless of health or age.
Guaranteed death benefits. Beneficiaries receive the full amount of the whole life policy upon the death of the insured, assuming there is no outstanding loans against the policy and that the policy premiums have been paid on time.
Guaranteed cash value. Cash value grows each year, tax-deferred, until it matches the face value of your policy. If you need cash, you’ll have access to it through loan and withdrawal options.
As an East Coast Insurance Broker and Marketer, we specialize in assisting both agents and individuals with affordable Medicare, Health and Life Insurance, Annuities, Long term Care Insurance, and additional Illness and Accident Plans in New York, New Jersey, Connecticut, Pennsylvania, Florida and beyond.