John Wingate Insurance Offers Delaware Whole Life Insurance

Whole Life Insurance also known as permanent life insurance, is life insurance that you own for your entire lifetime. The amount of the death benefit or face value can be selected to meet your needs.

Premiums, or payments, are fixed and can be paid monthly, quarterly, semi-annually, or annually. As more premiums are paid, your policy accumulates a cash value that grows on a tax differed basis. In essence, whole life is like buying a house versus renting it. The monthly cost is higher than it would be for a term life policy, but with each payment, you make you gain equity. You can borrow against a Whole Life policy for any purpose. Loans, however, require you to pay interest and any borrowed amount you do not pay back is deducted from the payout to your beneficiary at the time of your death.

Final Expense Insurance

Your family means the world to you. The last thing you want is to leave them with major expenses after you’re gone. Final Expense insurance is life insurance that helps provide the money you need to pay medical bills, funeral expenses, legal fees or unpaid bills. It is an insurance policy that lets you decide how your assets are distributed. By planning ahead, you can protect your loved ones from unnecessary financial stress when you die. And, you can distribute your assets in the manner you decide!

John Wingate Insurance specializes in Delaware Whole Life Insurance offers a variety of Delaware Whole Life insurance policies such as: Life paid up at 95 (LPU95), Life Paid up at 65 (LPU65), 20 pay life, 15 pay life, and 10 pay life.

Do you need a Delaware Whole Life Insurance Quote?

Have questions? Contact John Wingate at JW Life and Annuities in Delaware

Contact Information

John Wingate

Agent

JW Life and Annuities

Contact via E-mail