Term life policy. Whole Life Insurance, AIG Direct

What is Whole Life Insurance?

Most things in life come with an expiration date — from groceries to coupons and even certain types of life insurance. But there's one exception to that rule: a whole life insurance policy. Whole life insurance rates.

Whole life insurance covers you for as long as you live (as long as premiums are paid on time), at a locked-in rate that won't increase as you age or if your health status changes. It may also build "cash value" over time, which is money that gets set aside with each payment you make, like a nest egg for the future.

Ready to get started? Get a whole life insurance quote now, or read on to learn why whole life insurance may be just what you need.

A Set Rate that Can Be Worked Into Your Budget

Your predictable, fixed-rate payments can be made on a monthly, quarterly, semi-annual, or annual basis. Once you buy whole life insurance, the rate you pay is guaranteed to stay the same, even as you age or your health status changes.

Insurances

Let's say you buy it during your working years. You'll get to keep that same policy and premium rate when you retire.

And, speaking of retirement, that's another reason why people buy a whole life policy. It can act as a way to set money aside for the future.

1. https://www.epi.org/publication/retirement-in-america/#charts (2016)

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© 2018 AIG Direct Insurance Services, Inc. Agency services provided by AIG Direct Insurance Services, Inc. ("AIG Direct"), CA license # 0B57619 and AR license # 0100105378, a subsidiary of American General Life Insurance Company ("AGL"), Houston, TX and an affiliate of The United States Life Insurance Company in the City of New York ("US Life"), New York, NY, all members of American International Group ("AIG"). Each issuing insurance company is responsible for financial obligations of their respective insurance. Guarantees are backed by the claims-paying ability of the issuing insurance company. Products may not be available in all states and product features may vary by state. For all companies mentioned, their financial professionals and other representatives are not authorized to give legal, tax or accounting advice. For advice concerning your individual circumstances, consult a professional attorney, tax advisor or accountant.