Two things we can count on in life, taxes and death.
At Carolina Health & Medicare Associates, we represent all the top life carriers to help you find what you need to protect your loved ones. Whether you are in excellent health or not, we can find you the best plan at the best possible price.
From low amounts for funeral costs or mulit million dollar coverage, we are here to help.
Whole life insurance provides coverage for the life of the insured. In addition to providing a death benefit, whole life also contains a savings component where cash value may accumulate. These policies are also known as permanent or traditional life insurance.
The most common of life insurance products, whole life insurance guarantees payment of a death benefit to beneficiaries in exchange for level, regularly-due premium payments. The policy includes a savings portion, called the cash value, alongside the death benefit. In the savings component, interest may accumulate on a tax-deferred basis. Growing cash value is an essential component of whole life insurance.