Whole life Insurance provides lifetime coverage, so no worrying about your coverage ending at a certain age or because you’ve had a decline in health.

Here’s how it works:

• Stable Payments: Your monthly payments (called premiums) will never change, even as you age. Making it predictable and easier to plan around your budget.

• Lifetime Coverage: Your coverage never expires, as long as premiums are paid, giving you peace of mind that your insurance will always be there.

• Built-In Savings: This policy includes a “cash value” feature—a savings component that grows over time. You can borrow against it or even withdraw from your available funds if needed.

• Guaranteed Payout: When you pass away, your beneficiaries receive a tax-free payout, providing them with financial support.

• Potential Dividends: Some policies may pay dividends if the insurance company performs well. These can help with premiums, add to cash value, or be taken as cash.