Don’t wait until it is too late
Whole Life Insurance provides protection for your entire lifetime, accumulates a cash value the policyholder can borrow against. This has initially higher premiums than term life, but they do not increase with age. However, the longer you wait, the more expensive your payments will end up being. The experts at Fallgatter Rhodes can help you get a better understanding on what type of policy you need.
Factors to consider before purchasing Whole Life Insurance
- How will your family pay for final expenses including burial and funeral costs?
- How will your family cope with the mortgage?
- Who will pay your children’s college tuition?
- Will you family be able to survive with only one income?
Of course these factors are not applicable to everyone, but even having one or two of these issues looming over your spouse and family is undesirable. With Whole Life Insurance you will never have to worry about that. Let Fallgatter Rhodes show you why.