Welcome to Our Learning Center

Our whole life insurance learning center has been put together to give investors a singular, easy to access resource to help educate them on the basics and some of the not so basics as they pertain to this particular insurance product. Included in this section are a whole group of articles on different topics that can help you as an investor to get a clearer picture of what this investment represents and what the best strategy might be for effective investment in whole life policies. We spend time discussing the right time to buy whole life policies to help investors understand the role of timing in the matter. We talk about the built in forced savings element found in these policies and the ways investors could potentially use it to put some money away for a rainy day.

The Premium Cost of Coverage

The premium attached to a whole life insurance plan is sometimes higher than that of a term policy. Get the scoop on reasons why the premium alone is not a sufficient basis to compare the two policy types against one another. Our learning center shares some of the other things we need to be looking at as investors. It also provides a more long term perspective for thinking about cost and premium payment. Read up in our learning center and find out more.

Borrowing or Surrendering a Policy

Investors who are thinking about getting whole life coverage often hear that they can borrow against the value of these plans. There is also some talk out there of surrendering a policy for its cash value. The versatility of whole life insurance is one key feature that makes it such an appealing investment to so many different people. It is important for investors to read the fine print on these features, of course. In our learning center we help you to do just that. Find out what it really means when we hear about borrowing from a plan or surrendering it for cash. Learn about the possible financial repercussions for these choices so that you have the entire story.

Premium Payments for Life

One of the perceptions that whole life insurance has to work to overcome is the perception that a whole life is a really long time to pay for something. Investors often come to insurance brokers wondering whether there's ever a break in the payments or a grace period when they get old. Some types of whole life insurance plans may be paid in full before you die. In fact, these plans are often set up so that the cash value of the policy is equal to its face value at a certain point...while you are still alive! There are a multitude of options when it comes to these plans. Many different subcategories exist, meaning there is bound to be something for everyone. Read our learning center and find out more.

Taxes on Life Insurance Income

As always, the question of taxes on benefits paid out for whole life insurance plans is on the mind of many investors. There are several different possible sources of income in a typical never ending life policy. Investors can make money on dividends, loans, benefits, and even some other types of benefits that come from these plans. In our learning center we establish some basic principles for taxation on these plans and draw on those principles as we cover the different income types. As whole life insurance is sort of a hybrid between an insurance policy and an investment vehicle, its tax consequences for investors are somewhat unique.