Whole life insurance is your "foot in the door" to cash value life
insurance. It's a life insurance policy with level premiums that has
both an
insurance and an investment component:
The insurance pays a stated amount upon death
The investment piece accumulates a cash value that you can withdraw or
borrow against
As the most basic form of cash-value life insurance, whole life insurance helps you
accumulate wealth. Regular premiums pay insurance costs and contribute to equity
growth in a savings account where dividends or interest is allowed to build-up
tax-deferred.
Contact a team member for details on what's right for you.
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