Plan today... so your family doesn't have to in the future
Whole life insurance offers guaranteed coverage for life to protect your loved ones and help pay any final taxes and other costs incurred at death. And, the premiums for whole life insurance remain predictable and affordable throughout your life.
One important way to use whole life insurance is to help cover funeral expenses. In addition to grieving the loss and settling your loved one's estate, there is also the immediate concern over funeral costs and how to pay for them. It's a heavy weight to carry for surviving loved ones.
According to the National Funeral Directors Association, the average cost of a funeral in 2006 was $7,323. And, this cost does not include the cemetery plot, monument, flowers, obituary or other cash expenses, which could push the cost well over $10,000.
Choose a Foresters whole life insurance product. By planning today, your family doesn't have to in the future.
Benefits of Whole Life Insurance
- Provides lifetime life insurance coverage
- Guaranteed level premiums
- Borrow and use the insurance as collateral for a loan (can reduce the death benefit)
- Income tax-free death benefit1
1Foresters, their employees and life insurance representatives, do not provide, on Foresters behalf, legal or tax advice. The information given here is merely a summary of our understanding of current laws and regulations. Prospective purchasers should consult their tax or legal advisor.
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for Americans
