What is permanent and whole life insurance?

Permanent life insurance provides coverage for your entire life, as long as you continue to pay your monthly premiums. Whole life insurance is the main type of permanent life insurance you may encounter. This type of coverage typically accumulates a cash value that can increase your death benefit or be accessed early through a loan or withdrawal from the policy.

If higher premiums are within your budget, permanent life insurance may be a good option for people over 65 who are looking for insurance that builds cash value and doesn't expire after a set period of time.

We offer a guaranteed approval whole life insurance policy for people between the ages of 65 and 85.