Whole Life Insurance

Whole life insurance is a excellent choice when you are planning for long-range goals. Level premiums coupled with the accumulation of cash values can provide money later on to help with temporary needs or emergencies.

Whole Life Insurance provides:

• Guaranteed lifetime coverage for you and other family members
• Guaranteed level premiums throughout the life of the policy
• Guaranteed accumulation of policy cash values
• Variety of riders that let you customize coverage to address your specific needs and objectives

Benefits of a Whole Life Insurance policy:

• A guaranteed, tax-free death benefit paid to your beneficiary at death
• Ability to access policy cash values to assist with a variety of needs and objectives, including to help pay tuition, meet emergencies or supplement retirement income
• Cash values grow tax-deferred
• Policy dividends (if any) can be used to increase coverage, reduce premiums, or they can be taken in cash

Element to Consider:

• Higher initial premiums than term life or other types of coverage
• Lower death benefit options available

If you are interested in an insurance analysis give Union Insurance Group a call toll free at (800) 218-7501 or email us. We can meet you at any one of our branches.

Insurance products provided by Union Insurance Group, LLC (UIG):