Whole life insurance
Whole life insurance offers guaranteed level premiums and coverage for as long as you live, provided that premiums are paid as required to keep the policy in force. Whole life policies also allow for the accumulation of cash value on a tax-deferred basis, which can be used when you need it.
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Guaranteed death benefit
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Level premiums
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May help provide for your family’s loss of income, mortgage costs, and educational needs
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Gives you access to cash value for life’s opportunities
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Enables you to leave a financial legacy for the next generation
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Non-guaranteed dividends can help increase the cash value and death benefit provided by the policy
Life insurance resources
Does life insurance for seniors make sense? Getting the right plan in place can make a big difference when you die.