Whole Life Insurance
Types of Insurance
Glossary
Discounts
Types of Whole Life Insurance
Final Expense
For those who need to save money
Final Payout
- Final Costs
Standard
For the average person
Final Payout
- Final Costs
- Lump Sum
Borrow
- Percentage of Accumulated Cash
Universal
For those who want flexibility
Final Payout
- Final Costs
- Lump Sum
Borrow
- Percentage of Accumulated Cash
Flexibility
- Add Spouse
- Add Child
Glossary
Final Costs
Pays for the costs to hold the funeral, burial graveyard plot, vault, cremation, medical bills, and estate taxes.
Lump Sum
The total accumulated cash over the term of the policy and/or garanteed amount. Accumulated cash comes from a percentage of your premium plus investment gains.
Borrowing
Some plans let you borrow or take from your accumulated cash for important expenses. This will reduce the cash that is given at death.
Adding Relative
You can add a child with special limit or a spouse to your policy. This would be cheaper than buying two seperate policies.
Limited Pay
This gives a time limit on how long you will be paying your policy for (eg. 10 years). After the time limit is up, you won’t have to pay any more and you will get the full death benefit when the time comes.
Single Premium
You will pay one time and then you will have your death benefit for the rest of your life.
Standard Payment
Pay every month until you die
Discounts*
- Multi Policy
- Loyalty
- Group
- Good Health
- Non-Smoker
- Safety
- Automatic Payments
- Bank or Card Payments
- Paperless
*Different carriers use different discounts
Frequently Asked Questions
Do we insure people with many claims?
We have select carriers for people who have many claims or a bad record
What payment methods do we accept?
Payments through a mortgage, direct billing through mail, EFT (Bank Account), debit and credit cards.
How can I file a claim?
We strongly recommend calling us before the insurance carrier directly about a claim. You may not want to file a claim depending on your insurance plan and we will assist you in filling a claim the best way to make sure you take the least amount of damage possible to your insurance score. After talking with us, you can call the insurance carrier or let us call them for you.
If you can’t find your answer here, please don’t hesitate to ask a representative through our messaging system or email