Stier Financial

With Whole Life insurance, the policyholder pays a level premium for whole life, which does not rise as the person grows older. The policy stays inforce for the lifetime of the insured, unless the policy is cancelled or lapses for non-payment. This type of policy accumulates a cash value, and these funds can be borrowed against in the form of a policy loan. A whole life policy is similar to a conservative Bond Portfolio, great for asset transfers to the next generation.