Whole Life Insurance

How about financial protection and level premiums that last your entire (whole) life.

Unlike term policies which only cover you for a specific time.

Here are some benefits of having permanent whole life insurance:

Premiums stay level for life
Coverage last your whole life - "Insure your insurability"
Whole life builds cash values
Older individuals are able to get coverage (up to 85 years of age)
Whole Life vs. Term Life Insurance

Level Premiums for Life

Whole life insurance (sometimes called straight life or permanent life) - provides protection for your entire life at guaranteed level premiums (qualified eligible applicants).

GTL offers three plans (preferred, standard, graded) based on demographics and health history.

 
Coverage that last your whole life:

It is important that you insure your insurability.

Many people think about life insurance when it is too late and they already have been diagnosed with a medical condition that makes them uninsurable.

So, it is important to lock in permanent life insurance that will be there for your entire life. Term is cheap but it is designed to last only a specific time in your life.

  
Whole Life Builds Cash Value

A portion of the money you pay into your whole life policy accumulates as guaranteed cash values. If you choose to surrender the policy, these guaranteed cash values would be available to you. Or, as long as the policy is in force, you may borrow against them as a policy loan at the current policy loan interest rate.

The amount of your guaranteed cash value depends on the kind of whole life policy you have, its size and how long you have had it. The growth in cash values is tax deferred under current federal income tax law. Term insurance does not provide cash values.

Seniors Are Able To Get Coverage

The Simple Whole Life plan is available from 6 months all the way up to 85 years of age.

This plan has great flexibility to meet age and health history requirements. Also, when applying for coverage you will not have to take a medical exam or have any blood work examined.

Simple Whole Life was designed to be a simple, fast, and affordable way to secure life insurance.