Life insurance and tax-advantaged savings all in one

What if, in addition to your life insurance policy providing security for your family’s way of life, you could enjoy tax-advantaged savings? A Whole Life participating policy gives you the protection of permanent life insurance with the added benefit of a savings component to help with life’s unexpected events.

How does a participating policy work?

The insurance company invests your premiums, along with those of other policyholders, in interest-bearing investments and then shares the performance with you in the form of dividends 1. Your policy accumulates a guaranteed cash value and dividends that you can withdraw or borrow against. You can even use the dividends to reduce and potentially pay your policy premiums.

You can put a Whole Life policy to work in many ways:

  • Whole Life > Estate™ allows you to leave tax-free money to loved ones and ensures there are funds to pay capital gains tax.
  • Whole Life > Ascend™ can help supplement your savings and retirement goal by using guaranteed cash values and potential dividends to earn tax-deferred cash growth.
  • Whole Life > Head Start™ provides coverage for your children at an age when premiums will be the lowest and establishes their insurability for later in life.

Want to learn more? Connect with us today for a no-obligation review of your life insurance needs.

1 Dividends are not guaranteed. Actual dividends paid out depend on the performance of the participating account.