Whole Life Insurance

Whole Life

Whole life insurance provides life-long insurance protection with level premiums and many different payment options. This plan offers favorable long-term cash values and guaranteed death benefits, as well as additional benefits and riders.

Whole Life is for Families

  • Permanent, affordable coverage for ages 0-85, with death benefits beginning at $5,000.
  • Protection with guaranteed cash values and guaranteed death benefit protection.
  • Policy builds guaranteed cash value that can be borrowed against for college education.

Whole Life is for Seniors

  • Graded Benefit Whole Life available from ages 40-85 beginning at $2,000.
  • Protect loved ones from the financial strain of final expenses.
  • Policy builds guaranteed cash value that can be borrowed against for retirement needs.
  • Replace employer group life insurance coverage after retirement.
  • Protection at the upper most limits of the human life-span, which is age 121 on a Whole Life plan
Limited Payment Whole Life Continuous Payment Whole Life

This product is ideal for people who would like to have their insurance paid off by a set time, such as when they retire. Premiums are guaranteed not to increase. Coverage continues for the insured’s entire lifetime as long as premiums are paid and the coverage remains in force.

Single-Premium Whole Life
Single one-time payment

10-Pay Whole Life
Payments are made for 10 years

20-Pay Whole Life
Payments are made for 20 years

This product is ideal for people who want long-term security with lower premiums than the limited pay. Premiums are guaranteed not to increase. Coverage continues for the insured’s entire lifetime as long as premiums are paid and the coverage remains in force.

Life Protector
Guaranteed premium, death benefit, and cash values. 

Plans:

Vision Whole Life
Our Vision Whole Life provides a combination of permanent and term coverage while paying level premiums for only 10 or 20-years. This policy provides higher term coverage when you need it most, and once the 10 or 20-years are complete, you are left with a guaranteed paid-up whole life policy for the rest of your life.

With this plan you have the opportunity to look after your financial obligations today while covering your family in the future. All of this and low monthly premium payments for only 10 or 20-years.

Simplified Issue Whole Life
We make it simple to purchase valuable Whole Life insurance coverage. Acceptance is based on your answers to the yes/no health questions on the application. No medical examination, lab test, or doctor’s records are needed. This is a guaranteed level death benefit and level premium Whole Life policy. The full death benefit is available immediately.

Graded Benefit Whole Life
This is a guaranteed level premium Whole Life policy with a graded death benefit. During the first two policy years, the benefit for death by non-accidental causes is a refund of all premiums paid plus 5% interest. Thereafter, the full benefit will be paid. For death due to accidental causes at any time, the full death benefit will be paid. Acceptance is based on very few yes/no health questions. No medical examination, lab test, or doctor’s records are needed.

Life Protector
Life Protector is a whole life policy. The primary purpose is to provide a death benefit that will be there when your family needs it. This policy has guaranteed death benefit, cash values, and level premium for the life of the contract. 

Additional Benefits

Accelerated Death Benefit

Provides for the payment of accelerated death benefit using a portion of your life insurance benefits. These benefits are paid to the owner while the insured is living, provided that you qualify for them. This benefit is offered at no additional charge.

Disability Waiver of Premium

If you choose to purchase this additional benefit and you become totally disabled, we will pay the cost of your policy for as long as your disability continues, subject to policy provisions. This benefit makes sure that your coverage will continue in the event of your disability.

Children’s Term Insurance Rider

Provides for term insurance coverage on all of the insured’s children between 15 days and 18 years of age at the time of issue, or born to or adopted by the insured after the date of application. Coverage continues until each child reaches the age of 23. The term insurance can be converted to a permanent plan at each child’s 18th or 23rd birthday, for up to five times the original amount.

Accidental Death Benefit Rider

Provides for the payment of an extra death benefit in the event the insured dies as a result of an accident prior to age 70.

Contact an agent today. E-mail info@wflains.org or call (877) 935-2467.

Licensed in CA, CO, IL, IA, KS, LA, MI, MN, NE, ND, OH, OK, OR, SD, TX, WA, and WI