Whole Life Insurance
Permanent coverage. Cash value you can use.
Permanent life insurance. Pays a death benefit whenever you pass. Builds cash value at a contractually defined rate (with possible dividends on mutual carriers). Cash value borrowable during your lifetime, no application, no credit pull.
When it fits
- You want coverage that doesn't expire on a 20-year clock.
- You value contractual guarantees over market upside.
- Estate planning, business succession, or generational wealth transfer is in the picture.
Plan highlights
- Permanent coverage as long as premiums are paid.
- Contractually defined cash value growth.
- Policy loans against cash value, no underwriting.