Whole life insurance is permanent life insurance protection that provides a lump-sum tax-free payment to beneficiaries on the death of the life insured.
Whole life insurance is best suited for conservative individuals seeking permanent life insurance protection and the opportunity for accumulating tax-advantaged policy cash values. Beneficiaries are able to cover costs associated with final expenses, taxes on registered assets and capital gains with the proceeds.
At Edward Jones, we can help you reach your financial goals. Contact your Edward Jones financial advisor.
Insurance and annuities are offered by Edward Jones Insurance Agency (except in Québec). In Québec, insurance and annuities are offered by Edward Jones Insurance Agency (Québec) Inc.