Who Should Get Whole Life Insurance?
Almost anyone can benefit from buying a whole life insurance policy, but parents and spouses will see the biggest gains.
Life insurance is designed to protect those you would leave behind if you passed away. If losing your income would create a financial hole, then buying whole life insurance ensures that your family would remain financially stable.
Why do you need life insurance?
Funeral expenses
Burial costs are expensive. With life insurance, in the case of your passing, your beneficiaries do not have to personally cover this financial burden.
Pay off debt
Debt does not disappear, whether you are alive or not. In most cases, your debt (mortgages or other loans) may fall on your spouse or other family members as they become responsible for repayment.
Business coverage
As a business owner and partner, life insurance ensures one partner is not left with heavy financial burdens if the other dies.
College planning
Insurance proceeds can be a good supplement for your kids’ savings towards college.
Inheritance taxes
To avoid having your family getting hit with a big estate and inheritance tax bill when you pass away, make sure to be covered with life insurance to cover these added costs.
Protecting those you love is easy
When you take care of your life, it is easy to protect your loved ones
Step 1
Answer a few simple
questions about you and
your lifestyle
Step 2
Check your Quality of Life Index
to unlock great rates
and personalized advice
Step 3
Simply select the right
insurance plan and apply
online.