Whole life insurance is financial protection that covers you for your entire life. Quite simply, when you own a low-cost whole life insurance policy, your payments never change, and as long as you pay your premiums when due, Centrian Life pays your loved ones benefits when you die.
A whole life insurance policy from Centrian Life also builds cash value that, in most cases, grows without being subject to taxation. Better yet, not only can your death benefit - the amount your loved ones receive when you die - increase, but once there is cash value, you can borrow up to that value to use as you see fit.
Centrian Life whole life insurance is an excellent low-cost way to give your family financial protection for your entire life and to help your family meet financial obligations after you die.
When you own a Centrian Life whole life insurance policy:- Your family is financially protected for your entire life
- Your premiums/payments never change
- You may borrow the guaranteed cash value of your policy
- You never have to renew or convert your policy
- Your policy may earn dividends and these dividends may be used to purchase more paid up life insurance, to reduce premium, or left to accumulate at interest.
- Your family will have help in meeting current and future financial obligations after you die:
- Expenses at the time of your death, such as medical bills, burial costs and estate taxes;
- Ongoing, future and unforeseen expenses: living expenses, tuition, child care, debt.