Adjustable whole life insurance
Traditionally, a policy’s death benefit and premium are fixed at the time the life insurance contract goes into force. Adjustable whole life insurance, however, leaves these elements in the hands of the policyowner, to modify as his or her needs change.
If you stand in need of a greater death benefit, you may increase yours (though your insurer may require an up-to-date medical exam for an increase). If you need to lower the cost of your insurance, decrease the death benefit, and the premium will shrink to match.
To purchase adjustable whole life insurance or to speak with a life insurance advisor, call 1-800-823-4852 today.
