Whole life insurance provides protection to the policyholder throughout their lifetime. It’s a permanent life insurance policy that offers a range of benefits to the insurer, including consistent payments of premium, cash value growth, policy customization, and tax-free benefit upon death.
The payments of premiums stay the same throughout the life of the insurer. At the same time, a part of it goes towards coverage of death benefits, any fees payments, and buildup predetermined and guaranteed cash value. The insurer can take a loan against its cash value when needed by having this policy.
Edison Risk provides support for whole life insurance policies. It is a basic and straightforward insurance policy that provides a reliable and simple way for the policyholder to secure their future. We work with you to develop a custom-tailored whole life insurance plan for your client according to their specific needs and situations.
