• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Bradley Insurance Services

Bradley Insurance Services Serving Gastonia, Shelby and Lincolnton, NC

25 years of experience

  • HOME
  • SERVICES
    • LIFE INSURANCE
    • ANNUITIES
    • DISABILITY INSURANCE
  • AGENTS
  • GET A LIFE INSURANCE QUOTE
  • FREQUENTLY ASKED QUESTIONS
    • What is an Annuity
    • What is Variable Univeral Life?
    • What is Universal Life?
    • What is Whole Life Insurance?
    • What is Term Insurance?
    • What is Indexed Universal Life?
  • BLOG
  • CONTACT US

What is Whole Life Insurance?

You are here: Home / Frequently Asked Questions / What is Whole Life Insurance?

By Keith Bradley

An ideal product for the young and the old, Whole Life provides the extra security of guaranteed protection at affordable rates, yet it maintains the element of cash value accumulation for pre- and post-retirement needs.

The certainty of level premiums.

  • A guaranteed interest rate.
  • A guaranteed death benefit.

Current forms of Whole Life insurance enable policy owners to benefit from favorable experience and a strong economy by crediting excess interest to the policy.

These “interest-sensitive” Whole Life policies are popular with individuals who value strong underlying guarantees but don’t want to miss out on the opportunity for increased cash-value performance. Like all forms of permanent life insurance, Whole Life may be converted into retirement income. When you reach retirement, you can use loans and withdrawals from the policy’s cash value to purchase an annuity that can provide additional funds for your retirement needs.

Filed Under: Frequently Asked Questions

Primary Sidebar

Services

Life Insurance

Annuities

Disability Insurance

Recent Posts

  • Why Life Insurance is Like Your Cell Phone
  • What is Variable Univeral Life?
  • What is Universal Life?
  • What is Whole Life Insurance?
  • What is Term Insurance?
  • What is Indexed Universal Life?
  • What is an Annuity
life insurance for your family

Let’s Work Together

Contact us today to get your free quote.

Get A Quote

Footer

Bradley Insurance Services
P.O. Box 201
Kings Mountain, NC 28086
Get Directions

CONTACT

(704) 477-1331

NAVIGATION

Life Insurance

Annuities

Disability Insurance

NEWSLETTER

Stay up to date by subscribing to our newsletter.

Copyright © 2023 · by My Project Solution

Request A Quote

Please complete the form below to allow us to better answer your quote request.