Whole Life: Life insurance which provides coverage for an individual's whole life, rather than a specified term. A savings component, called cash value or loan value, builds over time and can be used for wealth accumulation.
- Simplified Issue- No Medical Exams
- Protection from Day One
- Premiums Guaranteed
- Guaranteed Death Benefit
- Coverage guaranteed not to decrease or cancel for age or health
- Builds Cash Value
- Access to Portion of Death Benefit in the Event of Terminal Illness
Term Life: A life insurance policy which provides a stated benefit upon the holder's death, provided that the death occurs within a certain specified time period.
- Protection from Day One
- Premiums Guaranteed for term period
- Death Benefit Guaranteed for term period
- Guaranteed Conversion Privilege to Permanent Insurance
- Access to Portion of Death Benefit in the Event of Terminal Illness
Universal Life: Life insurance which combines the low-cost protection of term insurance with a savings component that is invested in a tax-deferred account, the cash value of which may be available for a loan to the policyholder.
- Protection from Day One
- Premiums Guaranteed for Life
- Death Benefit Guaranteed for Life
- Builds Cash Value
- Access to Portion of Death Benefit in the Event of Terminal Illness
PFS proudly offers the following whole, term and universal life insurance providers:
- Allianz
- Americo
- Colonial American
- Columbian Mutual
- Conseco
- Lincoln National
- Monumental
- North American Life
- Shenendoah Life
- Standard Life
- United Teachers Associates
- Forethought
- Mutual of Omaha