Why buy life insurance?
Life insurance can help protect your family and ensure they enjoy the lifestyle you planned for them.
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Life insurance can help protect your family and ensure they enjoy the lifestyle you planned for them.
Some policies provide coverage for final expenses, while others can be a source of income replacement, business protection or an inheritance for your children and grandchildren. Whole life insurance combines death benefit protection with additional benefits, like giving you the ability to accumulate cash value over time, so you can have a federal income tax-free cash reserve, accessible through policy loans, to use for whatever you’d like. 1
It gives you the peace of mind of knowing you can enjoy life — because you’ve planned for whatever the future may bring. With life insurance, you’ve got it covered, whether you want:
Mortgage protection
Income replacement
Family protection
Business protection
College funding
Charitable gift
Cash resource
The benefits and features of term, whole life and final expense whole life insurance are different. Find out what each policy can do for you.
1The maximum loan value is the cash value as of the date of the loan, less any existing loan and accrued interest and interest on indebtedness from
the date of the loan to the next policy anniversary date. Please check your policy for interest rates charges, which are subject to change.
2U.S. Department of Agriculture.
3Parting, “What Costs Are Associated With A Traditional Funeral Service?”
4People, “Study Finds Stay-at-Home Moms Should Earn More Than $160,000 for Caring for Their Kids.”
5Giving USATM, “Giving USA 2020: Charitable giving showed solid growth, climbing to $449.64 billion in 2019, one of the highest years for giving on record.”
6Not available in all states.