Family Guardian Insurance, Bahamas - Whole Life Insurance

Family Guardian
News Items


    • New Appointments - Otimia Pennerman, Alana Major, Andre White

      Read more..


    • FLMI Designees

      Read more..


    • Family Guardian 2015 Year End Financials

      Read more..


    • Appointment of Chairman and CEO - L.E. Moxey

      Read more..


    • Family Guardian Presents Cheque to COB

      Read more..


    • Family Guardian Freeport: Relocation Notice

      Read more..


    • New Appointment - Vaughn Delaney

      Read more..


    • New Appointments - Bryinda Carroll, Ramon Curtis, Kershala Albury

      Read more..

Life Insurance: Whole Life

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 These dividends may be withdrawn in cash, left on deposit to accumulate with interest or used to purchase additional insurance regardless of the policyowner’s health.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 life coverage

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

20-PAY LIFE:

Providing a lifetime of permanent coverage with premiums payable for only 20 years

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.