Whole Life Insurance
Whole Life Insurance Basics
AmeriGuide Financial partners with the strongest insurance carriers and financial companies in the industry in order to offer its clients the most comprehensive product portfolio possible. We believe individualized financial and insurance advice coupled with industry-leading products positions our clients with the most effective financial plans possible.
Whole Life Insurance is a form of permanent life insurance. Typically, an insured will make lifetime monthly payments and the beneficiaries will receive a lump sum death benefit once the insured passes away. Throughout the life of the policy, cash value will accumulate within the policy which can be borrowed against at the insured's decision. Purchasing a whole life policy is great decision when starting a financial plan or looking to cover permanent liabilities such as final expenses.
There are many different types of whole life insurance in the marketplace today. Types of whole life products include: dividend-paying, non dividend--paying, simplified issue, fully underwritten, variable, universal and more. There are many options, each with their own advantages and disadvantages.
To Find Out Which Plan Works Best For Your, Contact Us Today At 833-302-5433!