Flagship Whole Life
Protection for Life
Whole life insurance is the most common type of permanent life insurance protection. It combines a lifelong death benefit, accelerated death benefit options, and a cash value component that increases over time. So long as premiums are paid, the death benefit will pay out, regardless of how long the insured lives.
Features
- Available for purchase up to age 80
- Up to $3,000,000 in lifetime coverage across multiple policies (individual policies are limited to $1.5 million each)
- Level premiums that will not change for the duration of the policy
- Accelerated death benefits that can be accessed in cases of chronic and terminal illness
Learn more here.
Additional Benefits
- Participating Dividends: Accumulated cash value can generate an annual dividend to be used by the policy owner as they wish.
- Child Benefit Rider: Add $25,000 of term coverage for unmarried, dependent children under age 18 with coverage lasting until each child turns 26 years old or until coverage is converted to Flagship Whole Life.
- Cash Value Policy Loans: You can borrow up to 75% of your policy’s available cash value.