Non-Participating Whole Life Insurance
Essentially, Non-Participating Whole Life Insurance is permanent life insurance or "no-frills" permanent insurance.
A Term to 100 policy insures the policy owner for life. Premiums are payable until age 100. The difference between Term 100 and participating whole life insurance is that the Term 100 policy has no cash value and does not pay dividends.
Like a regular term policy, Term to 100 premiums are set for the life of the policy, but because the policy covers the whole of your life, the premiums are higher than regular term insurance, at least at first.
Life Insurance Company's also offer a number of additional options to customize your Life insurance policy. We can assist you in determining which options are best for you.