What is it?
A form of permanent life insurance that provides guaranteed premiums, death benefits and cash values. In addition, it has a dividend option that can increase the value of the policy or the death benefits. Best suited for – Long term insurance goals with benefits such as:
Survivor needs,Mortgage protection, Wealth transfer and estate planning, Business succession, Coverage of a key person, Children, Charity, Legal/accounting/estate fees
Uses of Cash value
- College tuition
- Home down payment
- Retirement income supplement
- Emergency needs