WHOLE LIFE PARTICIPATING INSURANCE
This policy functions as a permanent insurance plan. Our company takes care of the cash value and death benefit on your behalf. The participation in this policy pays dividends to the holder of the policy. These payments generate based on the insurance company’s profit.
The payment is usually annual and includes the participation for the whole year and there is also a final/terminal payment as the insured matures.
You will be permanently insured as long as you are paying the premiums. It is an ideal products for those who are not willing to pay huge amounts of money at once but rather find it easier to pay monthly, quarterly/semi-annually/annually.