Whole Life (Permanent Life) insurance provides a lifetime of protection with premiums
typically remaining level throughout the life of the policy. Some Whole Life
policies allow premium payments for a shorter period, such as 20 years, with lifetime
protection. Whole Life policies generate cash values, which, subject to the terms
of the policy purchased, may be borrowed by the policyowner. If the policy is
surrendered, the accumulated cash value is payable to the policyowner. Additionally,
some Whole Life policies (Participating Plans) will return dividends to policyowners
based on the performance of the company. These dividends may be withdrawn in cash,
left on deposit to accumulate with interest or used to purchase additional insurance
regardless of the policyowner’s health.
Family Guardian provides a comprehensive choice of Whole Life plans that our sales
representatives can discuss in detail with you to help you select the right plan for
your individual needs:
WHOLE LIFE PARTICIPATING:
Including "Bonus Life
" that provides maximum
WHOLE LIFE NON-PARTICIPATING:
Including "Econo Life" that provides maximum life coverage with a minimum premium
WHOLE LIFE WITH ANNUAL BONUS:
Providing permanent life coverage and an annual cash bonus
FAMILY & SINGLE PARENT PLANS
Providing coverage for parents and children; future children automatically covered
MODIFIED WHOLE LIFE:
Providing life coverage for persons who cannot qualify for standard insurance
Providing a lifetime of permanent coverage with premiums payable for only 20
The information provided gives a general overview of the
products and services provided by Family Guardian
and should not be construed to be contractual information.
Like most insurance policies, Family Guardian’s policies contain exclusions,
limitations, reductions of benefits and terms for keeping them in force.
For complete cost and details, talk to your Family Guardian representative.