FAQs
What is whole life insurance?
Whole life insurance is designed to provide protection for your entire lifetime, plus it builds cash value over time. You can access your cash value at any time. When the policy ends, the beneficiaries receive the insurance benefit.
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What are the coverage amounts for Modified Whole Life?
You can choose the level of coverage that fits your needs from $5,000 up to $10,000. When selecting the amount, we recommend you consider funeral costs, medical bills, personal debts, final taxes and legal fees your family may be left with.
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Will my premiums go up every five years?
No, the rate you pay is based on your age when coverage begins. Once you’re insured, your rate will never increase because of age. Rates can only be changed by class for everyone insured(except for MS, TX, UT).
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