Whole life insurance is a powerful financial tool that offers lifelong protection and long-term value, making it especially beneficial for members who prioritize stability and security.
Unlike term life insurance, which only covers a specific period, whole life insurance guarantees coverage for your entire life—as long as premiums are paid—providing peace of mind for you and your family.
Whole Life Insurance premiums won’t increase with age and also builds cash value over time, which you can borrow against if needed for emergencies or home repairs. For hardworking members who want to protect their loved ones, leave a legacy, and build financial strength beyond the job site, whole life insurance offers dependable, lifelong support.
This includes both an Accelerated Death Benefit for Terminal Illness and Long Term Care rider.
For Terminal Illness, up to 80% of the death benefit can be accelerated if determined that death may occur in less than
12 months.
For Long Term Care, up to 100% of the face value of the Whole Life policy can be used to pay for Long Term Care service
if the insured becomes temporarily or permanently chronically ill and is receiving qualified long-term care services
under a plan of care.
