As an independent agent I am not limited to any single insurance company. I represent numerous top-rated companies that offer a wide range of insurance policies and coverage. I shop the competitive markets to find the best values for your insurance needs. More importantly, since we provide all types of insurance.
I have been, and will continue to be, committed to providing the highest level of service and attention to my clients. My knowledgeable experience is built on integrity and customer service.
Most do not consider life insurance before it is too late. But you owe it to your loved ones to make sure you are prepared in any unforeseen event. I can educate you on the right coverage for you and your family. Contact us today and learn more about your life insurance needs and how we can help.
Like all permanent life insurance policies, whole life provides lifelong coverage and includes an investment component known as the policy’s cash value. The cash value grows slowly, tax-deferred, meaning you won’t pay taxes on its gains while they’re accumulating.
You can borrow money against the account or surrender the policy for the cash. But if you don’t repay policy loans with interest, you’ll reduce your death benefit, and if you surrender the policy, you’ll no longer have coverage.
Like all permanent life insurance policies, whole life provides lifelong coverage and includes an investment component.
Although it’s more complicated than term life insurance, whole life is the most straightforward form of permanent life insurance. Here’s why:
- The premium remains the same for as long as you live
- The death benefit is guaranteed
- The cash value account grows at a guaranteed rate
Some whole life policies can also earn annual dividends, a portion of the insurer’s financial surplus. You can take the dividends in cash, leave them on deposit to earn interest or use them to decrease your premium, repay policy loans or buy additional coverage. Dividends are not guaranteed.