Whole Life Insurance

Whole Life Insurance is a contract with premiums that includes insurance and investment components. The insurance component pays a predetermined amount when the insured individual dies. The investment component builds an accumulated cash value the insured individual can borrow against or withdraw.

How Whole Life

Whole Life is designed to provide coverage for the life of the insured. The death benefit can help your family with any lost income, and it can help for your kids’ future education. The life policies generally offer fixed premiums, guaranteed death benefits and are designed to build tax deferred cash value. For that reason, a whole life insurance policy can be described as providing life insurance protection with a savings feature.

How it can Help your Family

It can help your family in the future in case of the loss of the insured. It gives you the peace of mind you need to live your life without worries of “If the unexpected happens, what then?” With your cash value growing each year, your family will be taken care off.

WHY WAIT?

Get your family covered today, our team is here to help you every step of the way.

WHY WAIT?

Get your family covered today, our team is here to help you every step of the way.

Whole Life Questions

What are the Whole Life benefits?

The benefits of Whole life are tax favorable, tax-free, you can pull out your cash value before the age of 59 1/2 and it comes out tax-free if you do it the correct way. If something was to happen to you, your beneficiary can pull out your money also tax-free.

How do I know Whole Life is the way to go?

Although Whole life policies provide your loved ones with the money they’ll need when you die. Working with one of our qualified agents can help you select the policy that best meets your needs, your budget and your financial goals for the future.

Life Insurance Classifications
CategoryPreferred PlusPreferredStandard PlusStandard
Physical / Mental Ailments and Health HistoryNo medical ailments allowed. No personal history of cardiovascular disease or diabetes.No medical ailments allowed. No personal history of cardiovascular disease or diabetes.Some minor medical ailments allowed.Some medical ailments allowed. Can have personal history of certain health conditions.
Blood PressureNo current or past history of blood pressure treatment. Current and average readings in the past two years not greater than 140/85.Presently well controlled with current and average readings in the past two years not greater than: 150/90Presently well controlled with current and average readings in the past two years not greater than: 150/90 - age 60 and younger, 155/95 - age 61 and over.Presently well controlled with current and average readings in the past two years not greater than: 155/95 - age 60 and younger, 160/95 - age 61 and over.
Family Health HistoryNo cardiovascular disease or cancer in either parent or siblings before age 61.No cardiovascular death of either parent before age 61.No more than one cardiovascular death in parents before age 61.No more than one cardiovascular death in parents before age 61.
Driving HistoryNot available if 2 or more moving violations in last 3 years, or if any DUI in last 60 months.Not available if 3 or more moving violations in the last 3 years except with flat extra, or if any DUI in last 60 months.Not available if 3 or more moving violations in the last 3 years except with flat extra, or if any DUI in last 24 months.Not available if 3 or more moving violations in the last 3 years except with flat extra, or if any DUI in last 24 months.
Use of Tobacco or Nicotin ProductsNo use in the past 36 months.No use in the last 12-36 months (varies by company).No use in the last 12-24 months (varies by company).No use in the last 12 months.
History of CancerDepending on company, only available on certain types of skin cancer.Only available on certain types of skin cancer.Coverage may be available based on specific cancer history.Coverage may be available based on specific cancer history.
Cholesterol ReadingsLevels may not exceed 220.Levels may not exceed 250.Levels may not exceed 285.Levels may not exceed 300.
Cholesterol / HDL RatioMay not exceed 4.0-5.0 (varies by company).May not exceed 6.0-6.5 (varies by company).May not exceed 7.0 (varies by company).May not exceed 7.5-8.0 (varies by company).
Substance or Alcohol AbuseNo history of substance or alcohol abuse.No history of, or treatment for, abuse in past 10 years.No history of, or treatment for, abuse in past 7 years.No history of, or treatment for, abuse in past 7 years.
AviationCommercial airline pilots accepted. Private pilots - may qualify with aviation exclusion.Commercial airline pilots accepted. Private pilots- flat extra may apply depending on experience.Commercial airline pilots accepted. Private pilots- flat extra may apply depending on experience.Commercial airline pilots accepted. Private pilots- flat extra may apply depending on experience.
Hazardous Activities (i.e. Sky diving, Hang gliding, Rock climbing, Scuba diving etc)Available only if no flat extra premium would be required.Available; however, may have flat extra.Available; however, may have flat extra.Available; however, may have flat extra.
Residency-CitizenshipMust be a US resident for past 3 years and either a US citizen or have permanent Visa or Greencard.Must be a US resident for past 3 years and either US citizen or have permanent Visa or Green card.Must be a US resident for past 2 years and either US citizen or have permanent Visa or Green card.Must be a US resident for past 2 years and either US citizen or have permanent Visa or Green card.

WHOLE LIFE

What are the Whole Life benefits?

The benefits of Whole life are tax favorable, tax-free, you can pull out your cash value before the age of 59 1/2 and it comes out tax-free if you do it the correct way. If something was to happen to you, your beneficiary can pull out your money also tax-free.

How do I know Whole Life is the way to go?

Although Whole life policies provide your loved ones with the money they’ll need when you die. Working with one of our qualified agents can help you select the policy that best meets your needs, your budget and your financial goals for the future.

GET COVERED TODAY!

Protect your family and save some money!

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