When you think of life insurance, what probably comes to mind is financial protection for your family. In addition, did you know that whole life insurance policies include features that can protect your financial life in other ways? One of them is…
Here’s how: When you take out a Whole Life insurance policy, you have access to something called “cash value.” The cash value grows over time as you pay your monthly premium, because a little of each payment is set aside by your insurance company. The accumulated total of the amount set aside is called the “cash value” of your policy.
So how can you use the cash value in your policy? Here are a few typical ways:
The sooner you buy a policy, the sooner you can start building cash value – and the lower your monthly lifetime premium. That’s because premiums are based on your age when your policy starts.
If you need yet another reason to get started today, consider this:
Once you buy a whole life insurance policy from Gerber Life, you’ll be covered for life as long as your premiums are paid. Your monthly premium will never increase, so you can feel confident knowing that you have financial protection at a price you choose to fit your budget.
You can apply for coverage ranging from $25,000 to $150,000, whether online or by phone or by mail. The application process is simple, and in most cases a medical exam isn’t required if you’re aged 18 to 50 and seek coverage up to $100,000.
We’re happy to answer any questions you may have and to match you with a custom policy that works best for your family’s needs – just give us a call at 1-800-425-7542 today.
*Policy interest rate 8%