Graded Death Benefit Whole Life
How Can a Graded Death Benefit Whole Life Policy Help You?
Many people who aren’t in perfect health assume they no longer qualify for life insurance. With the Graded Whole Life insurance policy, many individuals who are still living independently may qualify for a policy.
What is Graded Death Benefit Whole Life?
Graded Whole Life is permanent life insurance for customers who are looking for cash values and guaranteed level premiums with a lower face amount. With a simplified underwriting process, this policy could offer otherwise uninsurable individuals an opportunity to obtain permanent whole life coverage.
Why “Graded” Whole Life?
Avoid becoming a burden to your loved ones
Make the smart choice
The last thing you want is for your family’s personal tragedy to become a financial catastrophe. Graded Death Benefit Whole Life insurance may be an appropriate way to help you protect your loved ones’ financial security. The difference between worrying about the future and preparing for the future is doing something about it today. Because the more you know, the better you can plan for what’s ahead.
3 Issuance of a policy may depend on answers to questions set forth in the application.
4 Policy loans and withdrawals will reduce cash value and death benefit. Policy loans are subject to interest charges. If your policy is a modified endowment contract, loans and withdrawals may be subject to taxes and penalties.