A form of permanent life insurance, whole life insurance offers a guaranteed death benefit, guaranteed cash value and guaranteed level premium. It helps to protect your family’s long-term financial security at your death.
Benefits of a whole life insurance policy:
- Protection for life
- Payments stay the same each year
- Ability to add additional money into the policy on a tax-favored basis
- Cash value you can use while you are living
Universal life is a type of flexible permanent life insurance that allows you to build your policy's cash value or focus more on guaranteed protection. It offers the low-cost protection of term life insurance as well as a savings element, similar to whole life insurance. The death benefit, savings element and premiums can be altered as a policyholder's circumstances change. This type of policy allows the policyholder to use the interest from the accumulated savings to help pay premiums.
Benefits of a universal life insurance policy:
- Payment flexibility
- Tax-deferred cash value accumulation
- Ability to access the policy's cash value
- Estate and financial planning
We are pleased to represent the following companies*:
Genworth is committed to providing high-quality, competitive insurance and annuities designed to help you build, protect and transfer wealth.
Prudential Financial companies serve individual and institutional customers worldwide and include The Prudential Insurance Company of America, one of the largest life insurance companies in the United States. These companies offer a variety of products and services, including mutual funds, annuities, real estate brokerage franchises, relocation services and more.
West Coast Life Insurance
West Coast Life was founded in 1906 and Protective Life in 1907. West Coast Life's history includes more company "firsts" than most other companies can even imagine. Its excellent reputation is based in part on these pre-imminent values - quickness to respond, quality, serving its people and growth.