Whole life insurance offers lifetime coverage, a guaranteed death benefit and a cash value component you can use while alive. Guaranteed whole life policies are available without medical exams and may help cover final expenses or leave a small inheritance.

Whole life insurance premiums offer seniors over 50 the stability of fixed monthly payments, guaranteed lifetime coverage, and a growing cash value. Unlike term life insurance, which becomes more expensive with age, whole life premiums never increase, making it a smart, long-term financial tool to help protect loved ones and plan with confidence.

Whole life insurance is a valuable wealth transfer tool for seniors, allowing them to pass on money to loved ones through tax-advantaged policies. It can help fund education, pay off debt, or provide emergency support.

Learn how to use whole life insurance effectively by understanding its unique benefits, tax advantages and practical tips to help maximize its value for long-term security. Life insurance is one of those things many people know they should have but aren’t entirely sure why or how it fits into their lives. In fact, while 70 percent of people recognize the need for life insurance, fewer than 60 percent are covered.

Whole life insurance offers seniors not only a death benefit but also a growing cash value that can provide financial security and flexibility in retirement. Learn how this powerful financial tool can support unexpected expenses, leave a legacy and help offer peace of mind for you and your loved ones.

Despite common misconceptions about age limits and costs, some seniors can still benefit from whole life insurance. With lifetime coverage, tax-free payouts*, and cash value growth, whole life insurance can be a valuable tool for estate planning and financial security in your 50s, 60s and beyond.