Are you looking for coverage for a specific period of time or do you want lifetime2 coverage?
Studies show that many people are living longer.5 This is important to consider when selecting life insurance. If you select
term insurance, you may be at a higher risk for outliving your policy.
Are you more interested in a short-term, cost-effective option, or would you like the opportunity to build up cash value
If you select whole life insurance, cash value grows tax deferred over the life of the policy and can be accessed
through a loan to help provide an emergency fund or to supplement educational expenses or retirement income.3
Term insurance can be cost-effective, but there is no cash buildup.
Would a blend of the two make sense for you?
A blended policy can offer some of the advantages of both
types of insurance. By combining a smaller face amount
whole life policy and a term life policy that is convertible to
whole life, you can have an affordable plan that meets your
protection needs while also establishing a lifetime asset.