Compare over 37 Whole Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Beverly, MA Whole Life Insurance policy providers in as little as 15 minutes. Save time. Save big. Get started now.
Find the perfect plan from over 37 providers
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 37 policy provider comparison.
Explore multiple policies from all the leading insurers and choose the one that fits your needs.
Locked in rate discount and exclusive deals.
Benefit from exclusive deals offered only to residents of your state, and lock in huge rate discounts.
Customized policies just for you.
Our team tailors policies to your unique needs, meaning optimal coverage at competitive rates.
"I was totally lost trying to find the right Whole Life Insurance until I found PolicyHub. I was able to work with a licensed agent to compare all my options all at one. I got the perfect plan for me at a cheaper rate than I expected."
Barbara Winters
Policy Holder
ATTN: 2024 Whole Life Insurance rates just released!
Get the latest Whole Life Insurance rates for 2024 and lock in your policy today! Get started comparing policies right now.
Get the Whole Life Insurance plan with the cheapest rates in 3 easy steps.
Done in 3 easy steps
Step 1
Tell us about yourself.
Finding the perfect life insurance policy starts with answering a few questions to help us serve you better.
Step 2
Compare rates & plans.
Discuss your options with a licensed insurance agent. Compare plans to find the best policy & cheapest rates.
Step 3
Lock in cheap rates.
Secure the lowest rates and lock in the perfect life insurance policy for you and your family.
"I lost hope trying to find a Whole Life Insurance policy that wasn't insanely expensive. Thankfully PolicyHub helped me find the perfect policy that is affordable with high coverage. Thank you!"
Bill Barton
Policy Holder
PolicyHub is the smartest way to protect the people that matter most.
Safeguard Your Family
Whole Life Insurance means safeguarding your family in a worst-case scenario. Don't risk it.
Gain Peace of Mind
Far too many Americans are financially blindsided by the death of a loved one. But not your family.
Protect Your Business
Protect your business by ensuring a smooth transition of ownership with the right life insurance.
Beat Estate Taxes
Inheritance or estate taxes is burdensome for your heirs. A life insurance policy can help.
Invest in Your Future
For less than $1 per day, you can make a huge contribution to your family's financial safety.
Build Your Legacy
Through a life insurance policy, you can leave behind a legacy for your loved ones.
Get started in less than 15 minutes.
With PolicyHub getting started is easy. Compare all the Whole Life Insurance rates from all the providers in Beverly, MA. Get started in under 15 minutes.
All your Whole Life Insurance needs in one place.
Looking for whole life insurance? We've got you covered. PolicyHub makes it easy to find the best whole life insurance policy for you and your family. Whether you need traditional, single-premium, limited-payment, or variable whole life insurance, you'll find the best rates right here at PolicyHub.
Traditional whole life insurance provides a guaranteed death benefit, fixed premiums and a cash value component that grows over time. It's ideal for those seeking lifelong coverage with consistent payments. Single-premium whole life insurance requires a lump-sum payment upfront in exchange for a guaranteed death benefit. This policy suits those who have a large sum of money they wish to convert into a life insurance policy quickly.
Limited-payment whole life insurance allows policyholders to pay off their policy over a set period of time, after which no further premiums are due, but the coverage continues for life. Variable whole life insurance offers a death benefit and a cash value component that can be invested in sub-accounts, similar to mutual funds. This policy is suitable for those comfortable with investment risk, seeking potential for cash value growth.
Save time and get the best Whole Life Insurance policy with the cheapest rates. Guaranteed.
![]() |
Option 1 | Option 2 | ||
---|---|---|---|---|
100% Digital | ||||
Licensed Agents | ||||
Expert Support | ||||
Get Started in 15 minutes | ||||
Decades of Experience | ||||
Compare 37+ Providers | ||||
Zero Hidden Costs | ||||
Top Insurance Providers |
Real PolicyHub testimonials...
"I knew I needed Whole Life Insurance but I didn't know where to go. I talked with a few other companies but the cost was outrageous. I found PolicyHub and found the perfect plan for me at an affordable cost."
Wendy Smith
Policy Holder
Get matched with a 5-Star Whole Life Insurance agent.
Roy Stephens
Whole life insurance agent
Roy Stephens is a whole life insurance agent licensed in your state.
Mark Sidway
Whole life insurance agent
Mark Sidway is a whole life insurance agent licensed in your state.
Cale Reeves
Whole life insurance agent
Cale Reeves is a whole life insurance agent licensed in your state.
"I was searching for Whole Life Insurance but quickly found out that everyone was trying to sell me on policies I didn't need. Thankfully I found PolicyHub and get the cheapest rates and the right policy."
Nicole Nielson
Policy Holder
Introducing PolicyHub Price Match Guarantee
Our priority is to save you money while getting you the right coverage. If you find a lower rate for a similar policy anywhere else, we'll match it! With PolicyHub, you can rest assured knowing you're getting the best price for Whole Life Insurance in Beverly, MA.
Frequent Questions...
Whole life insurance provides lifelong coverage for Beverly, MA residents, whereas term life insurance provides coverage for a limited amount of time. Whole life insurance also offers additional benefits such as cash value accumulation, which can be used for future investments and financial planning. In comparison, term life insurance does not have cash value and is used to provide financial security for a fixed time period. More importantly, whole life insurance premiums can be higher but they are guaranteed for life, while term life premiums are generally lower but tend to increase as the policy holder gets older.
Is international demise covered by whole life insurance companies in Beverly?
Whole life insurance does not typically cover international deaths, and conclusion of coverage would be in accordance with the policy of your specific insurance provider. Since Beverly, MA is located in the United States, the benefits of a whole life policy are tailored to the U.S. and would not extend coverage to international deaths. However, owners of a whole life policy should consider supplementing their coverage with an international health plan to ensure that they are protected if they travel outside of the country.
What's the cash value in a whole life insurance policy Beverly?
In Beverly, MA, the cash value component in whole life insurance is a special feature available in this type of policy. It is a way for policyholders to access their saved premiums in the form of cash withdrawals or loans. Withdrawals and/or loans reduce the policy's death benefit and cash value. However, policyholders can take advantage of the cash accumulated over time which helps to offset the cost of premiums. This cash value may be used for retirement, to handle emergencies or to pay off debt.
How does whole life insurance near Beverly differ from universal life?
Whole life and universal life insurance are two types of permanent life insurance, which are designed to last the duration of your life. The main difference between the two is the level of flexibility that they provide and the use of funds associated with the policies. Whole life insurance is a great option for Beverly, MA residents who want a long term life insurance policy that has a level premium and offers a cash value. Universal life insurance offers a more flexible premium structure and access to the cash value of the policy, which makes it a great option for those who need a more accessible life insurance policy.
Which riders can I avail for with a whole life insurance company Beverly?
Whole life insurance is a great choice for Beverly, MA residents who want a stable assurance plan. Generally, there are three riders available for the policy the accelerated death benefit rider, the waiver of premium rider and the guaranteed insurability rider. The accelerated death benefit rider provides the policyholder with a portion of the death benefit while they are still alive, if they are diagnosed with a terminal illness. The waiver of premium rider waives the policyholder's premium payments after they become disabled or unemployed.
Beverly, MA residents looking to maximize the value of their whole life insurance policy can shop around for the best coverage rates by researching quotes from multiple providers. Financial advisors are also available in the Beverly area to answer any questions and help individuals compare policies to find the ones that best suit their individual needs. In addition, policyholders may want to take a look at any dividend rates their whole life insurance offers, as these are an important factor in providing a long-term cash value increase. Finally, investing any extra money beyond the policy premiums can help accumulate additional cash benefits for policy holders and their families.
Can I take a loan against my policy's cash value with whole life insurance policies near Beverly?
In Beverly, MA, you can indeed take out a loan against the cash value of your whole life policy. The lender typically allows you to borrow up to a certain percentage of the cash value, depending on your policy and other factors, and the loan is typically paid back with interest, either through installment payments or a lump sum. Before taking a loan against your policy, consult a qualified financial advisor to ensure it is the right decision for you and to ensure you understand all of the conditions associated with the loan.
Are payouts from whole life insurance in Beverly subject to taxation?
It depends on Beverly, MA's local regulations. Taxation on benefits from life insurance policies is treated in different ways. Generally speaking, however, the owner of the policy is normally not subject to income tax on proceeds from the policy if the owner paid the premiums with after-tax income. It's best to check with an accountant and insurance agent in Beverly, MA to verify your specific situation.
What if I miss a premium payment for a Beverly whole life insurance policy?
If Beverly, MA policy holders fail to make a premium payment for their whole life insurance policy, they may miss out on the benefits the plan provides, such as building up a cash value or collecting dividends. Without the premium payments, the plan could potentially lapse, which would mean that there is no coverage in place. Policy holders should contact their insurance provider to discuss their options to avoid this situation.
Is there an age cap for availing Beverly whole life insurance company?
Whole life insurance can certainly provide stability for individuals of various ages in Beverly, MA, however, some have age limits depending on the insurer. Universal life, for example, can be purchased until the age of 85 while others may offer different age restrictions. If you are considering a policy, it is important to check with your provider to determine the age limits for your particular form of life insurance.
Compare Beverly, MA Whole Life Insurance Policies
Get started today and compare over 37 Whole Life Insurance providers in as little as 15 minutes.
© 2024 PolicyHub - all rights reserved