Whole Life insurance provides
coverage for an individual’s entire life, rather than for a specific period of
time. This type of insurance guarantees a death benefit, as well as a cash
value component. Premiums are normally fixed and once they are paid, the policy
will remain in force for your entire lifetime.
coverage is provided
Cash Values grow over the duration of the policy
· Upon death
of the insured, the beneficiary or estate is paid the sum insured
premium payments are discontinued, cash values can be used to provide ongoing coverage
Life Paid Up At 65
With this plan,
when you reach age 65, premiums are no longer required.