What is single premium whole life insurance?

It's life insurance that provides lifetime coverage, builds can value inside the policy, and you pay only one premium when you start your life insurance policy - there is no further payment.

Today, you may be able to start up to $400,000 of whole life insurance protection for your family without having to take any health examination. People age 40 to 80 may qualify for a policy.

Although the minimum premium for your single premium whole life plan may be up to $10,000 or more depending on your age and how much life insurance you want, the policy will guarantee you lifetime life insurance protection with no further premium payments required.

Learn more about single premium whole life insurance.