The original and still the rock of the life insurance industry for the past 160 years is dividend paying whole life insurance.
While universal life and term life both have ever increasing internal term life insurance costs, whole life insurance will always cost the same as it did when it was issued whether the insured is age 20 or 80. Its never changing rock solid qualities are what makes it the one and only choice.
The cash value you earn is guaranteed, the dividends you earn can never be taken away, and the cash value and dividends that you accumulate can be borrowed over and over again on a tax free basis. Think of this, a dividend paying whole life insurance policy has more banking qualities than life insurance qualities. When the same money can be used over and over on a tax free basis, no financial product can match up with dividend paying whole life insurance.
The dividend paying whole life plans, the universal life plans, as well as the term plans that we offer are from Mutual Trust Life, Ohio National Life, and Assurity Life Insurance Companies. The ordinary non-dividend whole life plans that we offer are from John Hancock.
info@bcbstexas.com / (800) 583-5865