Whole Life Insurance

Whole Life Insurance is designed to stay in force throughout one’s lifetime. The annual premium for a Whole Life Policy generally remains constant. Whole Life Insurance works well for:

  • Any Life Insurance need that does not diminish over time
  • Estate Planning
  • Surviving spouse’s lifetime income needs
  • Supplemental Retirement Income
  • Education Funding
  • Executive Bonus Plans
  • Deferred Compensation Plans

Whole Life Insurance provides death benefit protection, and cash value accumulation.

Advantages of Whole Life Insurance

  1. Tax-deferred growth of cash values based on the potentially favorable investment experience of the insurance company.
  2. Policy-owner can borrow against the cash values at relatively low interest rates and without being taxed*.
  3. Death Benefits paid to beneficiaries are generally free from Federal Income Tax.
  4. Whole Life Insurance typically has more guarantees than other types of permanent Life Insurance. Premium, cash value and death benefit can be guaranteed for the life of the policy.
  5. The Life Insurance contract can be structured, so proceeds are considered outside of the insured’s estate.

Over 2,000 Insurance companies sell Whole Life Insurance. The Guard Group has access to almost all of these carriers. Let us work with you to address you needs and find the best program of Life Insurance available.

REQUEST A LIFE INSURANCE QUOTE

Click above to request an accurate, no obligation, Life Insurance quote from The Guard Group.

* Loans and withdrawals will decrease the policies cash value and death benefit. Loans and withdrawals from policies classified as "modified endowment contracts" are subject to current income tax and, if the policyholder is under age 59 _, an additional 10% penalty tax.

Securities and Investment Advisory Services offered through Allegheny Investments, Ltd., Member NASD, SIPC, 3000 McKnight East Drive, Pittsburgh, PA 15237 (412) 367-3880. Neil Merrell, Allegheny Investments Registered Representative. Allegheny Investments, Ltd. is not an affilitate of The Guard Group.

 
 
 
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