What is participating whole life insurance?
The benefits of participating whole life insurance
Participating whole life insurance is a long-term planning strategy that can provide lifelong coverage.
There are many benefits to purchasing this type of insurance and this infographic covers the most common ones.
- Lifelong protection
- Cash value that grows over time
- Premiums stay the same
- Ability to quick pay
- Death benefit for your loved ones
- Tax advantages
- Ability to withdraw or borrow against cash value
- Potential of dividends
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