Whole life insurance

Whole life insurance, or permanent life insurance, offers protection for your entire life and has the added benefit of additional features that can generate added value to your policy. Whole life insurance is a practical solution for lifetime coverage, level premiums, protection for your family, funeral or estate.

The cost is guaranteed for the life of the policy, or in some cases, you can pay for a limited time such as 20 years. If you die when the policy is in effect, a tax-free payment goes to the person or people (beneficiaries) you named in the policy.

Whole life has additional features such as the ability to purchase additional insurance or gain cash value over time.

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