WHOLE LIFE INSURANCE OVERVIEW
These policies offer permanent coverage with fixed premiums, a guaranteed death benefit, and a cash value component that grows over time.
PROS
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Permanent protection, cash value accumulation
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Access to funds in case of serious illness
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CONS
Higher premiums compared to term insurance
BEST FOR
Individuals seeking guaranteed lifetime coverage with the added security of accessing benefits during serious health events.
Benefits of Whole Life Insurance
01
Lifelong Coverage
Enjoy the security of permanent protection, ensuring that your beneficiaries receive a death benefit no matter when you pass away.
02
Cash Value Accumulation
Build cash value over time with guaranteed growth, which you can access through loans or withdrawals for added financial flexibility.
03
Access to Living Benefits
Utilize living benefits like accelerated death benefits or critical illness coverage to receive financial support if you encounter serious health issues, easing the burden of medical expenses and care.
04
Financial Security in Health Crises
Enhanced policies offer additional features such as long-term care and disability income riders, providing a safety net during significant health challenges.
05
Estate and Legacy Planning
Use your policy as a tool for estate planning, ensuring that you leave a financial legacy and manage your estate efficiently.
WHO IS WHOLE LIFE INSURANCE BEST SUITED FOR?
Individuals Seeking Comprehensive Coverage
Budget-Conscious Planners
Long-Term
Planners
Those Concerned About Health Risks
Families Needing Extra Financial Support
1. Individuals Seeking Comprehensive Coverage
Ideal for those who want lifelong protection combined with the ability to access funds if they face serious health issues.
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2. Those Concerned About Health Risks
Perfect for individuals who want additional support and financial security in the event of critical illnesses or long-term care needs.
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3. Long-Term Planners
Suitable for those interested in permanent coverage and cash value accumulation for future financial goals and estate planning.
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4. Families Needing Extra Financial Support
Provides peace of mind with added living benefits to help manage the financial impact of health crises on your family.
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5. Budget-Conscious Planners
While more complex and potentially higher in cost, these policies offer value with their broad range of benefits and lifelong security.
THE BHB ADVANTAGE
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TOP RATED BROKERS
Working with a broker who is licensed and certified with multiple A rated carriers is the best approach. They can provide guidance and customize plans that fit your needs. At BHB we offer no-cost, no-obligation consultations that can be scheduled for any day and time of your choosing. We never sell your information to others.
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WIDE -RANGING OPTIONS​
As an independent agency, BHB has access to policies from over 30 respected insurance providers. This extensive selection allows you to compare rates and coverage options easily, helping you make well-informed choices.
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COST-FREE FOR CLIENTS
​Our brokerage services come at no cost to you. We are compensated by insurance companies through commissions on policies sold, meaning there are no broker fees, additional premiums, or hidden charges when you purchase a whole life insurance policy through BHB. In fact, you’ll save money by comparing various policies to find the best offer.