Lifetime protection that also builds cash value. If you’re looking for a policy that’s guaranteed to grow and guaranteed to be there when you need it, this is it. Your policy builds cash value that you can access at any time for any reason. And it’s definitely something to consider if you’d like to add to your retirement savings as you go.
Insurance that protects and cash value that’s accessible as it grows over time.
Whole life insurance is for those looking for lifetime protection with added benefits. In addition to providing a guaranteed life insurance benefit, it also offers an important way to save for the future—helping you to be prepared for whatever lies ahead.
With whole life insurance, the cash value of your policy grows tax deferred—which means you can use it whenever you need it—whether for a new home, college tuition, or a tax free income stream in retirement.
Our diverse range of products at Fidelity Mutual Financial lets your Fidelity Mutual Financial Advisor create a unique combination of guaranteed death benefits and growth that is designed to meet your needs.

Benefits of Whole Life Insurance

  • Long-term protection
  • Annual dividend potential
  • Access to your cash value, generally tax-free
  • Premiums that are guaranteed never to increase
Planning your Whole Life policy

There are a few things to discuss with your Fidelity Mutual Financial Advisor when choosing your whole life insurance policy.

Premiums

Most people like to select the payment schedule that matches their needs.
Think about how you’d like to customize your premiums — you can choose how long you want to pay premiums with a guarantee that they won’t go up.

Mix of death benefit and cash value

Consider what’s important to you. Each of our products has a different balance of cash value accumulation and death benefit protection.

Cash value growth

Cash value can be as important as the death benefit. Policies can be structured to let you choose how quickly your cash value grows, so you can access it when you need to.

Let’s get started and take a look at what product is right for you
Value Whole Life Insurance

If you’re getting closer to retirement and your priority is maximizing your life insurance coverage, this is the right policy for you. Your premiums will never go up, but your coverage will be guaranteed for life.

Whole Life Insurance

For those looking to balance cash value accumulation and guaranteed life insurance coverage, this is a popular option. Over time you may find your cash value to be a convenient way to supplement retirement income.

Custom Whole Life Insurance

If you only want to pay premiums for a specific amount of time—as little as five years—or if you want to maximize the cash value growth in your policy, this may be the best choice for you. If you choose to pay premiums over a shorter amount of time, they may be higher. You can schedule your payments to fit your budget while building cash value that can be used for retirement income, college tuition, or whatever else comes your way.

Work with your Fidelity Mutual Financial Advisor to customize your policy with these add-ons, which are also known as riders.

Premium coverage when you need it

If you become disabled, the insurance company will cover your premiums if you purchase the Disability Waiver of Premium option. Your coverage continues as long as you’re disabled.

Planning for health events

If you want tax-free acceleration of your policy’s death benefit to protect against financial hardship should you become chronically ill, you might want to purchase a Chronic Care rider, which may also be included at no additional fee with many carriers.

Additionally, if you are terminally ill, you could use a portion of your death benefit to pay for treatment or care with the Living Benefits rider, which may also be included at no additional fee with many carriers.

Grow your policy faster

If you’d like the option of contributing more to your plan when it’s convenient for you, consider the Option to Purchase Paid-Up Additions. It’s an economical way to increase your death benefit protection and build more cash value.

Protect your family in the event of an accident

If you want an additional death benefit for your loved ones in case you die as a result of an accident, you may want to purchase the Accidental Death Benefit Rider, which may also be included at no additional fee with many carriers.

Let’s get started and take a look at what product is right for you. Speak to a Fidelity Mutual Financial Advisor today