Whole Life Insurance

There is more than one way to protect your family’s financial future upon your death. LGFCU makes whole life insurance protection available to help assure the well-being of your loved ones.

Whole Life Insurance provides coverage for your lifetime. It also accumulates a cash value over time — accessible in the form of loans or withdrawals as well as life insurance protection. Your death benefit will never decrease and premiums will never increase as long as your policy remains active.

Additional benefits for you

Regardless of your family’s needs, whole life offers immediate coverage with full benefits upon approval and a tax-free death benefit. You choose whether to pay the premium monthly or annually. Monthly payments are drafted from your checking account.

Coverage options

Simplified issue products and fully underwritten policies are available. Simplified issue products allow for coverage amounts of $10,000 to $100,000. Fully underwritten policies may be available for coverage amounts greater than $100,000.

Next Steps

Start planning for your family’s future security today. Call the Contact Center at 888.732.8562 or visit your local branch.1

1. Life insurance is underwritten by SECU Life and CMFG Life Insurance Companies. Licensed to sell insurance in North Carolina only. These insurance products are not deposits and are not federally insured or guaranteed by your Credit Union.