Like term insurance, whole life insurance pays a death benefit, but it also offers a cash value account and tax-deferred cash accumulation. You have the option to receive dividends from your policy or you can apply them to reduce your premium payments. You can also withdraw money from the policy during your lifetime.
Ostrowski Insurance Agencycan help you understand the features of whole life insurance so you can make an informed decision about whether or not it the best choice for your life insurance needs.
To request a quote: In Minnesota, call 651-702-0163.
Claims
offers a cash value account and tax-deferred cash accumulation. You have the option to receive dividends from your policy or you can apply them to reduce your premium payments. You can also withdraw money from the policy during your lifetime.