Whole Life insurance comes in several varieties. These affect the premium price and the benefits. Three types that we offer are:

• Traditional Whole Life is one that provides a death benefit for life (a permanent policy as long as you pay the premium) and also builds cash value that you can access in emergencies or borrow against from time to time. This is higher priced product as it includes the forced-savings aspect to build the cash value over time. It is a safe and conservative place to hold money long-term. A subset of this is Final Expense Whole Life – a smaller death benefit to cover funeral and other expenses.
  Example – $20,000 death benefit at $50/month with a ten year cash value of $2500 that you can access if needed.
• Guaranteed Universal Life is also a permanent whole life policy but does not have the cash value build up and so is a less expensive permanent policy providing a death benefit to your loved ones. It provides a higher death benefit for the money paid in.
  Example – $40,000 death benefit at $50/month with no cash value.
• Universal Life – is a permanent policy but you can adjust your monthly payment to suit your budget to pay for the minimum life insurance or to increase cash value. Universal Life may also have income growth from stock market index investments that also protect your principal amount from losing money. Call me to run a UL quote – 843-936-0632.

Use this quote tool to run a traditional final expense whole life quote for values under $40,000 – and for values higher than this, please call me for a personal quote – 843-936-0632.