Whole Life Legacy

Multi-generational family planning with Whole Life Legacy

Permanent Life Coverage

Coverage That Grows With Your Legacy

Whole Life Legacy is designed for individuals who want lifelong protection combined with predictable cash value accumulation. Unlike term insurance, this policy remains in force for your entire life as long as premiums are paid — making it a cornerstone of estate planning, wealth transfer, and long-term financial security.

$149 / mo

Guaranteed death benefit for life
Cash value that grows on a tax-deferred basis
Fixed premiums that never increase
Policy loan and withdrawal options
Ideal for legacy and estate planning

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Plan Features

Permanent Protection, Lasting Value

Whole Life Legacy combines insurance protection with a living benefit you can leverage throughout your lifetime.

Lifetime Coverage

Your policy stays active for your entire life — no renewal deadlines or coverage gaps as you age.

Guaranteed Cash Value

Cash value grows at a guaranteed rate, providing a financial resource you can borrow against when needed.

Fixed Premiums

Premium amounts are locked in at issue — they will not increase due to age or health changes.

Estate Planning Tool

Provide liquidity for estate taxes, equalize inheritances, or fund charitable giving strategies.

Policy Loans

Access cash value through policy loans for emergencies, business opportunities, or retirement income.

Multi-Generational Planning

Structure policies for children or grandchildren to build generational wealth and insurability.

Key Benefits

Why Choose Whole Life Legacy

Never Expires

Protection that continues regardless of age, health changes, or occupation shifts.

Living Benefits

Build accessible cash value alongside your death benefit for financial flexibility.

Predictable Costs

Fixed premiums make long-term budgeting straightforward and stress-free.

Legacy Building

Leave a meaningful financial foundation for the next generation.

Coverage Highlights

What's Included in Your Policy

Whole Life Legacy provides a guaranteed death benefit payable to your beneficiaries, plus a cash value component that accumulates over time. Minnesota Own Your Future advisors help you understand dividend options, loan terms, and surrender values.

Guaranteed minimum death benefit
Tax-deferred cash value growth
Optional paid-up additions rider
Accelerated death benefit for terminal illness
Nationwide coverage and support

100%

Lifetime Coverage

Fixed

Premium Guarantee

$1M+

Death Benefit Options

4.9

Client Rating (175+)

Common Questions

Whole Life Legacy FAQ

Reach our team at hello@minnesotaownyourfuture.com for personalized guidance.

Term life covers you for a set period at lower premiums, while whole life provides lifelong coverage with cash value accumulation. Whole life costs more initially but offers permanent protection and living benefits term policies do not include.

Yes. You can take policy loans against your cash value or make partial withdrawals, subject to policy terms. Loans reduce the death benefit if not repaid. Your advisor will explain the impact on your policy before you borrow.

Personal life insurance premiums are generally not tax-deductible. However, cash value grows tax-deferred, and death benefits are typically income-tax-free for beneficiaries. Consult a tax professional for advice specific to your situation.

Many clients use a blended strategy — term life for peak income years and whole life for permanent needs and cash value. Our advisors can design a layered approach that balances cost and long-term goals.

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Coverage That Grows With Your Legacy