Whole Life Insurance, Retirement and Protection for you and your family

Features of Whole Life Insurance

• Premiums generally are level and payable for life: Since premiums are level, the younger you are when you purchase a whole life policy, the less expensive the annual premiums will be.
  
  Tezoro Insurance also offers whole life policies that provide shorter premium payment periods, such as 15 years or a one-time payment.
  
  

• Dividends: Whole life insurance policies can earn dividends. Dividends result when our actual life insurance costs turn out to be less than we assumed in setting our premiums. When this happens, The Insurance company may return a portion of your life insurance premium to you as a dividend. Dividends are not guaranteed, since we don't know our actual costs in advance.
  

• Guaranteed Cash Values: Unlike term life insurance, which does not accumulate any cash values, some of the money you pay into your whole life policy accumulates as guaranteed cash values. If you choose to surrender the policy, these guaranteed cash values would be available to you. Or, as long as the policy is in force, you may borrow against them as at the current policy loan interest rate.
  
  The amount of your guaranteed cash value depends on the kind of whole life policy you have, its size and how long you have had it. The growth in cash values is tax deferred under current federal income tax law. Borrowed amounts reduce the death benefit and cash surrender value.
  We only deal with the Highest rated insurance companies found in A.M. Best, Standard & Poors or Moody's.