Help prepare for the unexpected with whole life insurance
Cover funeral costs, medical bills, and more.
Whole life insurance could provide your loved ones with a financial cushion if something happens to you.
The last thing you want is for your family to worry about medical bills and funeral expenses if you pass away. And that’s where whole life insurance comes in. This type of life insurance policy gives your loved ones an income tax-free payment they could use for anything, whether it’s covering medical bills, funeral costs, or making up for lost income.
Considering whole life insurance? Here are a few benefits.
Peace of mind
Your family could use the payout for unplanned expenses, like hospital bills or funeral costs.
Rates that never increase
Once you have a policy, your rate never increases. And as long as premiums are paid, your coverage can’t be canceled.
Coverage that lasts a lifetime
Whole life coverage is designed to last a lifetime, so the policy doesn’t end as long as premiums are paid.
What’s the right coverage amount?
The amount of coverage you need depends on a number of personal factors. If your family could no longer rely on your income, what expenses would be most stressful? Ask yourself the following questions:
- Would your family’s budget be severely impacted without your income?
- Could they maintain their current lifestyle, including things like vacation and discretionary spending?
- How would their long-term savings plans be affected? Consider things like retirement and college tuition.
Common questions about whole life insurance
Matic works with multiple insurance companies and an assortment of products, so you have options to find coverage that fits your needs and budget.
Through our wide range of life insurance carriers, Matic has options that do not require a medical exam. Our team of life insurance agents can help determine which product might be best suited to your budget and health conditions.
Whole life insurance offers a cash benefit that can be used for just about anything. Your family could use the payout to keep up with bills, pay down their mortgage balance, pay off medical debt, or fund a funeral.
Questions? Talk to a licensed advisor.
Chat with a Matic coverage coordinator to understand your options and get free quotes in 30 minutes or less.
When scheduling your call, be prepared to answer a few personal questions, including:
Your ideal life insurance budget per month 
What your life insurance policy should help pay for if you pass away 
Your date of birth and basic health history (only for some products) 