If you are looking for the best whole life insurance policies, you have come to the right place. This guide will list 9 of the best policies available on the market. We will also briefly overview what whole life insurance is and why it might be a good option for you. Then shop and compare whole life insurance quotes to find the best premium rates. So without further ado, let’s get started!
- Transamerica Whole Life Insurance
- Nationwide Whole Life Insurance
- Gerber Life Whole Life Insurance For Adults
- Protective Whole Life Insurance
- Baltimore Life Whole Life Insurance
- Oxford Whole Life Insurance
- Gerber Life College Savings Plan Insurance
- Ethos Whole Life Insurance
- Transamerica Final Expense Insurance
- Compare Rates From All 9 Whole Life Insurance Policies
- Need Help Getting Life Insurance Coverage?
- Frequently Asked Questions
- Related Reading
Transamerica Whole Life Insurance
This policy from Transamerica is one of the best whole life insurance policies available today. It offers a death benefit of up to $1,000,000+ and has a cash value component that can be used for things like retirement planning or college tuition. The policy also has a level premium, which means your rates will never go up as long as you keep the policy in force—non-US citizen-friendly.
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Nationwide Whole Life Insurance
This policy from Nationwide is another excellent option for whole-life insurance. It offers a death benefit of up to a million dollars and has a cash value component that can be used for things like retirement planning or college tuition. The policy also has a level premium, which means your rates will never go up as long as you keep the policy in force. In addition, applicants can choose to pay the same premiums up to age 100 or for twenty years (20-Pay Life Insurance).
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Gerber Life Whole Life Insurance For Adults
This policy from Gerber Life is an excellent option for adults looking for whole life insurance. It offers a death benefit of up to $300,000 and has a cash value component that can be used for things like retirement planning or college tuition. The policy also has level premiums, which means your rates will never go up if you keep the policy in force.
More Details: Gerber Whole Life Insurance For Adults
Protective Whole Life Insurance
This policy from Protective is one of the best whole life insurance policies on the market. It offers a death benefit of up to $1,000,000+ and has a cash value component that can be used for things like estate planning or college tuition. The policy also has level premiums, which means your rates will never go up if you keep the policy in force.
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Baltimore Life Whole Life Insurance
This policy from Baltimore Life is another great option for whole life insurance. It offers a death benefit of up to $500,000 and has a cash value component that can be used for retirement planning or college tuition. The policy also has a one-time payments option (single-premium life insurance) or level premiums for ten or seven years (depending on age) for their Generation Legacy policy, which means your rates will never go up as long as you keep the policy in force. Baltimore Life also offers an annuity and life insurance hybrid policy that will accept money from a 401(k) or IRA.
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Oxford Whole Life Insurance
This policy from Oxford Life is an excellent option for whole-life insurance. It offers a death benefit of up to $500,000 and has a cash value component that can be used for funeral planning or college tuition. The policy also has level premiums, which means your rates will never go up if you keep the policy in force. Oxford Life Insurance Company is owned by the U-Haul moving truck company.
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Gerber Life College Savings Plan Insurance
This policy from Gerber Life Insurance is an excellent option for those looking to save for college. It offers a death benefit of up to $150,000 and has a cash value component that can be used for things like retirement planning or college tuition. The policy also has level premiums, which means your rates will never go up if you keep the policy in force. Plus, a college savings plan component can help you save for your child’s education.
More Details: Gerber College Savings Plan
Ethos Whole Life Insurance
This policy from Ethos is one of the best whole life insurance policies on the market for Burial Insurance. It offers a death benefit of up to $30,000 and does not require a medical exam to get a policy. The policy also has level premiums, which means your rates will never go up if you keep the policy in force.
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Transamerica Final Expense Insurance
This policy from Transamerica Life Insurance is an excellent option for those looking for final expense insurance. It offers a death benefit of up to $50,000 and does not require a medical exam to get a policy. The policy also has level premiums, which means your rates will never go up if you keep the policy in force. Plus, living benefit riders will help pay for specific emergencies such as terminal illnesses.
More Details: Transamerica Final Expense Insurance
Compare Rates From All 9 Whole Life Insurance Policies
Now that you know more about the best whole life insurance policies on the market, it’s time to compare rates. Use our free quote tool to compare rates from all of the top insurers in your area. You can find out how much you could save by getting multiple quotes. Contact us today for a free consultation; we would be happy to help you get started.
Need Help Getting Life Insurance Coverage?
Contact us if you need help purchasing a life insurance policy. The service is free of charge.
Frequently Asked Questions
Who offers the best whole life insurance with no medical exam?
Because of their higher maximum coverage levels and “A” (Excellent) rating with A.M. Best, Savings Bank Life Insurance (SBLI) offers the best whole life insurance without a medical exam.
Who offers the best whole life insurance rates?
Because of their affordable rates and “A” (Excellent) rating with A.M. Best, Savings Bank Life Insurance (SBLI) offers the best whole life insurance rates.