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Whole Life Insurance

Get dependable, lifelong protection for your family while also building your savings with a whole life insurance plan.

Whole Life Insurance

A whole life insurance policy can offer you permanent protection while also building your savings, helping to make sure your family’s needs are covered. With products from more than 20 life insurance companies, eFinancial is here to help you explore your whole life insurance options.

What is a Whole Life Insurance Policy?

Whole life insurance is a type of permanent life insurance. Unlike term life insurance, which lasts for a set period of time, whole life insurance lasts your entire life as long as you pay your premiums. After you die, whole life insurance offers your beneficiaries a tax-free lump cash payment.

Whole life insurance also allows you to build tax-deferred cash value over the life of your policy. Every time you pay your premium, a portion goes toward that cash value. Over time, you may be able to borrow against that value or withdraw it. Keep in mind that borrowing or withdrawing funds from your policy without repayment will reduce your cash value and death benefit, and could also impact your taxes. Your tax advisor can help you figure out your best options.

Unlike some other types of life insurance, whole life insurance premiums stay the same throughout your entire policy. If you have a steady income and don’t expect big changes in your finances over time, the level premiums whole life insurance provides can make it easy to plan for your financial future.

Benefits of a Whole Life Insurance Policy

Why buy whole life insurance? Many families find it offers the assurance they're seeking to protect their family’s future. Some reasons you might choose whole life insurance include:

  • Peace of Mind

    Peace of Mind

  • Tax-Free Inheritance

    Tax-Free Inheritance

  • Earn Cash Value

    Earn Cash Value

  • Level Premiums

    Level Premiums

  • The Ability to Borrow

    The Ability to Borrow

  • Lifelong Protection

    Lifelong Protection

Whole Life Insurance Quotes Through eFinancial

eFinancial is committed to helping individuals, couples, and families across the country find the right life insurance options for their needs. We offer access to policies from many well-known life insurance companies, and we’re here to help you review whole life insurance rates and coverage options to find the best fit. After you find a plan that best matches your lifestyle and budget, our agents will guide you through the approval process so you can get covered as quickly as possible.

Questions about whole lifeinsurance

Get Whole Life Insurance Quotes Online from eFinancial

At eFinancial, our goal is to make buying life insurance simpler and better for you and your family. We’re here to help you find high-quality, affordable whole life insurance options that meet your needs. To learn more, request a quote online or call 800-957-9525 to talk with one of our agents.