WHAT IS WHOLE LIFE INSURANCE?
Whole life insurance, sometimes called permanent life insurance, provides coverage for your entire lifetime. That means your family and beneficiaries are covered for the duration of your life.
Whole life insurance accumulates cash value, too, providing you the option of borrowing against it1. It’s a financially smart way to help protect yourself and your loved ones. You can even buy a separate policy for children, so they have coverage for their entire lives.
WHAT ERIE FAMILY LIFE OFFERS
A whole life policy from Erie Family Life2 offers you some important features, such as:
For many people, getting life insurance makes a lot of sense, but obstacles like a long application or exam requirements get in the way. We make it easier.
QUICK AND SIMPLE LIFE INSURANCE APPLICATION PROCESS
Erie Family Life offers a whole life policy with a quick and simple application process. So it’s easy to get up to $90,000 worth of whole life coverage by answering a few medical questions, and you’ll get an answer in about 15 minutes. The application can be completed in person or over the phone with a local ERIE agent. We want to make it easy for you to get life insurance that quickly.
WHOLE LIFE INSURANCE FOR CHILDREN
When you purchase whole life insurance for your children (or even grandchildren, nieces or nephews), you’re giving a gift that will last a lifetime. It also builds cash value they can use in the future. It gives them guaranteed insurability, so no matter what may happen with their health in the future, they can always keep this protection.1 Starting early makes sense because the younger the children, the lower the premium and the sooner it starts growing in value.
There are also several amounts and payment options that you can choose from for either the whole life or children’s whole life plans. You can customize your life insurance coverage to suit your situation.
GET IN TOUCH WITH AN ERIE AGENT
Because there are a lot of life insurance options, it can help to work with an insurance professional like a local Erie Insurance agent who can explain the types of coverages and help you choose the best coverage for your needs and budget. Get in touch with a local ERIE agent today for more information.
1Guaranteed death benefit can expire if no premiums are paid following initial premium, or if subsequent premiums are insufficient or if account value is reduced by withdrawal or loan.
2 ERIE® life insurance products and services are provided by Erie Family Life Insurance Company, a member of Erie Insurance Group, and are not available in New York. See individual policies for specific coverage details. Certain terms and limitations may apply. Refer to our disclaimer for additional information.