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What is whole life insurance?

If you’re looking for a lifetime of protection, whole life insurance may be the ideal choice for you. As the name suggests, it is insurance for your whole life as long as the premiums are paid on time. 
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What is PlanRight Whole Life Insurance? 

Each of us will likely have to face the death of a close family member one day, and worrying about funeral costs will only add to the pain and grief. While there’s nothing we can do to ease the pain of loss, planning ahead can remove the financial burden of final expenses.

According to the National Funeral Directors Association, the average cost of a funeral, including vault, in 2014 was $8,5081 And, this cost does not include the cemetery plot, monument, flowers, obituary or other cash expenses2, which could push the cost well over $10,000.

 

Foresters Financial also offers:

Universal life insurance
Term life insurance
Variable life insurance

Disclosures

Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefit society) and its subsidiaries.
1 This life insurance does not specifically cover funeral goods or services and may not cover the entire cost of your funeral at the time of your death.  The beneficiary of the life insurance may use the proceeds for any purpose, unless otherwise directed.

2 National Funeral Directors Association, 2015 Member General Price List Study
3 Foresters PlanRight Whole Life Insurance is issued by The Independent Order of Foresters. Foresters PlanRight and its riders are filed under the form numbers listed below, where “XX” represents either “US” or your state’s postal abbreviation, as applicable. PlanRight: ICC12-WL-PRL-US01, ICC12-WL-PRG-US01, ICC12-WL-PRM-US01, WL-PRL-XX01-2012, WL-PRG-XX01-2012, WL-PRM-XX01-2012 Accidental Death Rider: ICC12-WL-PR-ADR-US01, WL-PR-ADR-XX01-2012 Common Carrier Accidental Death Rider: ICC12-WL-PR-CCADR-US01, WL-PR-CCADR-XX01-2012
4 Foresters, their employees and life insurance representatives, do not provide, on Foresters behalf, legal, tax or estate advice. The information given here is merely a summary of our understanding of current laws and regulations. Prospective purchasers should consult their legal, tax or estate advisor.
5 Foresters products and their riders may not be available or approved in all states and are subject to eligibility requirements, underwriting approval, limitations and state variations. If you have questions regarding Foresters products and their riders, please contact your insurance agent or contact Foresters to be connected with an agent.
6 For the Graded and Modified plans, the benefit is based on 100% of the face amount if accidental death happens in the first two years. There is no additional premium.

412730 US (09/15)

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