Whole Life Insurance
Whole life insurance is a type of personal insurance that provides coverage for your lifetime.* The proceeds of many whole life insurance policies can ease the financial burden of serious illness or long-term care. The benefit of receiving accelerated payments may be offered as part of the basic policy or as a rider to the policy. Some of the characteristics of whole life insurance are:
- Level premiums
- Builds cash value
- Guaranteed value
- Relatively high degree of safety
- Level death benefit up to age 100
In addition, this policy never has to be renewed or converted, nor will there be an additional premium.
For help in deciding what type of insurance best meets your goals and objectives, our Financial Advisors have the know-how to help you navigate the world of insurance. Call us today at (800)392-3009 to schedule an appointment with a Financial Advisor or visit a People's United branch and ask to see one of our life insurance licensed employees.