Advantage Plus Whole Life Insurance

Advantage Plus Whole Life Insurance logo

A Coverage that can Protect You for Life

As the name implies, "Whole Life" insurance is designed to protect your life as in toto. The benefits and features you obtain from a whole life insurance depend on the specific type of whole life insurance you opt for. You can opt for a single premium whole life insurance to build premium faster or a participating whole life insurance to generate dividends. Advantaged Plus whole life insurance can be adapted to your changing needs and that of your family. It is a very flexible insurance plan that can be customized in such a way as to provide financial security for your loved ones. Advantaged Plus whole life is a participating life insurance, this means that you can receive dividends and it has further benefits like lifetime death benefit protection, guaranteed cash value, and so forth.

Features and Benefits

Advantaged Plus whole life has built-in coverage that can be included in your coverage without any additional premium. These include family health benefit rider, accidental death benefit rider, and common carrier accidental death rider. You can further extend your protection with the children’s term rider, waiver of premium rider, disability income rider, and accidental death rider.

  • Advantaged Plus is a flexible life insurance coverage that can help you to provide financial security for your loved ones.
  • The plan offers oodles of benefits and protections. These include lifetime death benefit protection, guaranteed premiums, guaranteed cash value and so forth.
  • You can choose from either of two premium payment option: 20-pay or pay to age 100.
  • Advantaged Plus is a participating life insurance plan. This means that you can also receive dividends in this plan. This dividend can be used to purchase paid-up additions and for some other purposes.
  • You can also borrow against the cash value in this plan and use it for your temporary needs or emergency situations.
  • The coverage provides a lifetime protection up to age 121 and it provides an income tax-free benefit.
  • Further, the coverage comes with built-in protections such as accelerated death benefit rider, common carrier accidental death rider, and family health benefit rider.
  • You can extend your protection with the optional coverage such as the children’s term rider, waiver of premium rider, accidental death rider, as well as disability income rider.
  • You can borrow against the cash value at an affordable rate and pay back later. The cash value has a built-up Advantage Plus certificate.



Additional resources

Learn more about life insurance from these informative articles to help you decide in choosing the best plan for you.

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