Why do I need Whole Life Insurance?
No one intends to leave an emotional and financial burden to their family and loved ones. Standard Life's Whole Life insurance policies were developed with your needs in mind - to help you protect your family's financial future and help them avoid the worry of how to pay for your funeral and other final expenses.
Social Security only pays a death benefit of $255 to qualified individuals, which can fall thousands of dollars short of the actual cost of basic funeral expenses. Once the policy is issued, AdvantageGuard Whole Life insurance offers immediate coverage and the proceeds can be paid directly to your beneficiary, in most cases free of probate expense and delay. The policies are available for ages 18 - 85 and, in most cases, no physical exam is required; acceptance is based on your answers to the health questions. The policy offers you coverage amounts from $2,000 - $75,000 depending on your age, and as long as you pay the premium on a timely basis, Standard Life cannot reduce your benefits, cancel your policy or increase your premium.
Final Arrangements Planning from Dignity Planning
Unfortunately, families sometimes disagree over the details of the final preparations for their loved one. The steps you take today can help your family feel confident that they are honoring your final requests and wishes without compromising their financial stability.
With Final Arrangements Planning from Dignity Planning, you can preplan the details of your funeral or cremation and leave nothing to chance. You can make your wishes known to your family and prevent them from having to make decisions at a difficult time. Your family and loved ones will appreciate the forethought.
Policy Form Series LDB12SL, GBL13S, CTR12SLAX may not be available in all states. Face amounts vary by age.
This product is not available in DC, ME, NH, NJ, NY