Whole life insurance is meant to last your whole lifetime, as long as you keep paying the premiums, and it increases in cash value as time passes. The amount of the premium stays the same, and policies guarantee a set death benefit. The policies’ cash value accounts can grow each year and taxes on the increasing value are deferred (paid at a later date). The cash value can even be borrowed against to help with emergencies or when times get tough.

Another valuable feature of whole life insurance is the opportunity to receive policy dividends.*

Dividends can be used to increase your death benefit, increase your cash value, or even help reduce your premiums. We can proudly say that we have paid a dividend every year since the company’s inception.

  • Not all of our whole life insurance policies pay dividends and dividends are not guaranteed.