10 Pay Permanent Whole Life Insurance

10 Pay Permanent Whole Life Insurance

With 10 pay life insurance you only pay your life insurance premiums for ten years.

In life, there are a few guarantees. Read on to learn why a Ten Payment Whole Life policy may provide you with the guarantees you’re looking for when it comes to protecting you and your loved ones’ financial future.

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IS IT RIGHT FOR YOU?

Ten Payment Whole Life may be an excellent choice if you:

Consider life insurance to be a valuable part of your financial strategy and are looking for death benefit and cash value guarantees, but want to limit your payment period

Are looking for a life insurance product that provides a cash value accumulation within a limited period of time

Are a business owner who is looking to protect the long-term future of your business – but don’t want to carry the premiums on your books for an extended time frame

Wish to complete your life insurance payments before you retire

Are looking for a vehicle to fund estate taxes, provide an inheritance for your heirs or a charitable gift upon your death

Wish to purchase life insurance for your child or grandchild – but want to pay for the policy over a relatively short period of time

When you purchase a whole life insurance policy, you lock in your premium, which is based on the insured’s age at policy issue. So, unlike term or other kinds of life insurance, you won’t have to worry about premiums increasing as time passes. As long as you pay your premiums as scheduled, your policy will stay in force to provide a death benefit, assuming you have not borrowed or withdrawn money from your policy.

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Please contact us today at 866-392-INFO (4636)

The information provided is not written or intended as tax or legal advice. Our representatives are not authorized to give tax or legal advice. Individuals and business owners are encouraged to seek professional advice from their own tax or legal counsel.