Whole Life Insurance
Protection for Today. Financial Strength for Tomorrow.
Our unique Whole Life Insurance policies are designed to provide lifelong protection while helping build tax-deferred cash value for the future.
Whether you’re planning for your family, retirement, education expenses, or creating a lasting legacy, an American Fidelity Whole Life policy helps you protect what matters most while growing your financial foundation.
Key Benefits
- Lifetime Life Insurance Protection
- Tax-Deferred Cash Value Growth
- Flexible Premium Contributions
- Access to Your Cash Value When Needed
- Death Benefit Plus Accumulated Cash Value Paid to Beneficiaries*
What is Whole Life Insurance?
Whole life insurance is a permanent life insurance policy designed to stay with you for your entire life, as long as premiums are paid. Unlike term insurance, which covers you for a specific number of years, whole life insurance provides lifelong coverage and includes a cash value component that grows over time.
Protection and Growth Working Together
Our whole life insurance policies combine a death benefit with a flexible deferred annuity component.
Premium payments help support your life insurance coverage while also contributing toward the growth of your policy’s accumulated value. Your cash value earns interest on a tax-deferred basis and continues growing throughout the life of the policy.
This means you:
1 Receive Lifetime Protection
Your policy provides life insurance coverage designed to protect your loved ones throughout your lifetime.
2 Build Cash Value
A portion of your payments contributes to a tax-deferred annuity fund that grows steadily over time with a guaranteed minimum interest rate.
3 Leave a Larger Legacy
When the insured passes away, beneficiaries receive both the life insurance benefit and the accumulated annuity value, less any indebtedness and unpaid premiums, tax-free.
Protection and Growth Working Together
Tax-Deferred Growth
Your annuity fund grows tax-deferred, allowing interest earnings to compound over time.
Flexible Contributions
In addition to required premiums, eligible policyholders may make additional deposits into the annuity component to accelerate growth potential.
Access to Funds
As cash value accumulates, funds may be available for withdrawal, subject to policy provisions and applicable taxes.
Protection for Those Who Matter Most
Beneficiaries receive valuable financial support without the delays of probate when benefits are paid according to policy provisions.
WHO IS THIS FOR?
A Whole Life Policy May Be Right For You If You Want To:
- Protect your family’s future
- Build tax-deferred cash value
- Create a financial legacy
- Supplement retirement planning
- Maintain lifelong life insurance protection
- Gain flexibility as life circumstances change
You are an active-duty military member transitioning out of service. This policy is eligible for SGLI/VGLI policy conversion.