A whole life policy covers you for your entire life. This differs from a term policy since that only lasts for a specific time period. Whole life insurance also builds cash value, which is a return on a portion of your premiums that the insurance company invests. Your cash value is tax-deferred until it is withdrawn.
Brochures
View many of the products to choose from
Links
Request a Quote
Fill out a few questions and we'll send you a quote. There is absolutely no obligation!
Contact Us
Feel free to give us a call if you have any questions or concerns about this product
Product Benefits
View the benefits of this life insurance product
More Life Insurance Products
Many more life insurance products are available to choose from
Whole Life Insurance
A traditional whole life insurance policy offers you a guaranteed minimum rate of return on your cash value portion. An interest-sensitive whole life insurance policy offers a variable rate on your cash value portion. With interest-sensitive whole life insurance it is possible to have more flexibility with your life insurance policy. This includes increasing your death benefit without raising your premiums depending on the market and the rate of return on your cash value portion.
A whole life policy also offers a variety of choices. This includes single-premium, traditional, and interest-sensitive policies. A single-premium is for someone who wants to make one large payment therefore purchasing the policy up front. Like other whole life insurance options, single-premium whole life insurance has the same tax protection on returns, while also accumulating cash value.
Related Articles
Coming Soon!
Quick Links
Copyright 2011: D'Costa Financial Group. Canadian Term Insurance. All rights reserved.
5871 Highway 7 East, 3rd Floor
Markham, Ontario L3P 1A3
905-471-0572 | dfg@dfglife.com
