{"id":18796,"date":"2021-11-03T15:00:54","date_gmt":"2021-11-03T19:00:54","guid":{"rendered":"https:\/\/askrfg.wpengine.com\/insurance\/?page_id=18796"},"modified":"2021-12-21T11:45:32","modified_gmt":"2021-12-21T16:45:32","slug":"whole-life","status":"publish","type":"page","link":"https:\/\/askrfg.com\/insurance\/whole-life\/","title":{"rendered":"Whole Life Insurance"},"content":{"rendered":"

Whole Life Insurance Helps Your Family Prepare for the Unexpected<\/h2>\n

Making sure your loved ones are taken care of when you’re no longer there to provide for them is one of your highest priorities. For this reason, obtaining a permanent life insurance policy is a wise decision.<\/span><\/p>\n

Whole life insurance helps your family when you no longer can. With a cash-value death benefit that’s guaranteed to your family, your loved ones don’t have to worry about things like mortgage costs, education needs or loss of income. Additionally, whole life policies build cash value over time, providing you with a tax-free living benefit that you can access during your lifetime.<\/span><\/p>\n<\/div>

The Benefits of Whole Life Insurance<\/b><\/h3>\n

A whole life insurance policy provides life insurance protection for your loved ones as long as you live. Your premiums remain level over your lifetime, and as long as they’re paid as required, you’ll rest assured that your family is cared for when you’re gone through a cash value death benefit.<\/span><\/p>\n

Whole life insurance policies also have the potential to earn cash dividends. These can be paid out as a cash value, accumulated as interest or be applied to your policy to reduce your premium or purchase additional coverage. You and your family can also take out loans on your policy’s cash value, though this will reduce the death benefit and cash value. Your premiums can be paid in a few different ways:<\/span><\/p>\n