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Whole life Insurance

Whole life is designed to last a lifetime or to endow at age 100. It provides a guaranteed cash value, guaranteed death benefit, and guaranteed premium. In addition, has an improved dividend scale and strong long-term cash values. Don't just protect part of your life. Protect your whole life.

The advantages of whole life

When you decide to purchase whole life insurance, you're getting a solid set of guarantees. You can count on DeSpenza Capital Management, LLC to be there when you need it. Here are just a few of the great benefits:

  • Guaranteed death benefit. Whole life provides permanent protection for your entire life. If you pay the required premium, you have a guaranteed death benefit for life.
  • Guaranteed cash values. Whole life builds guaranteed cash values. In addition, whole life is eligible for non-guaranteed dividends that you can receive in cash or use to enhance the policy (i.e., decrease the premium, increase the death benefit and cash value, or decrease a policy loan). Policy cash values and dividends can be used as you wish—for college costs, business opportunities, emergencies, etc. (Policy loans and withdrawals will reduce cash value and death benefit.)
  • Level premium and lower long-term cost. Although whole life has a higher initial premium than term, whole life premiums remain level throughout the insured's lifetime and eventually become less than increasing term premiums. Whole life is less expensive than term when covering long-term needs.

Riders and benefits enhance whole life

In addition to an improved dividend scale and better long-term cash values, DeSpenza Capital Management, LLC offers several riders and benefits with whole life that can expand your options and make even more competitive. These riders include the unique ABCI Rider and the Charitable Giving Benefit (described below), which are especially valuable because they are provided at no additional cost. And Term riders can be added to policies to provide greater coverage on the primary insured and/or to insure one or more additional insured's.

  • ABCI Rider. Despenza Capital Management, LLC innovative Accelerated Benefits Rider for Chronic Illness gives exceptional flexibility at a time when you may have an urgent need for funds. The policy owner of an applicable Despenza Capital Management Beneficial whole life or universal life policy, issued as standard risk (non-rated), can apply for the immediate payment of a discounted amount in lieu of all or a portion of the policy death benefit if the insured is unable to perform any two of the six activates of daily living. The ABCI benefit can be used in any way the policy owner chooses—there are no restrictions on how the funds are used. Note that the ABCI is not a long-term care rider or a medical-reimbursement benefit.
  • Charitable Giving Benefit. This valuable benefit gives policy owners of whole life the ability to make a donation to their favorite qualified charity at no additional cost.
  • Beneficial Term riders. Owners of whole life can add an l Term rider to the base policy, which gives them significant flexibility in designing coverage for themselves and/or additional insured's (family members or business associates).

Feel free to contact us for a no obligation, no cost analysis of your investment portfolio. Our clients benefit from our counsel and process of customized service. We are not just selling a single investment or idea. DeSpenza Capital Management, LLC is proposing a serious investment process by which you can manage you money for a lifetime. Please contact us for a free Complimentary Consultation to discuss diversification opportunities for income, savings, and legacy. This intro page gives you a brief synopsis of each investment category of service we offer.

  Complimentary Consultation

  877-337-7369

email: adespenza@despenza.com

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