Whole life insurance offers lifelong coverage with a cash value component, while term life insurance provides coverage for a specific period (e.g., 10, 20, or 30 years) without a cash value. Whole life insurance typically has higher premiums but offers permanent protection and an investment element.

The cost of whole life insurance varies based on factors such as age, health, and coverage amount. Generally, whole life insurance rates are higher than term life insurance because it provides lifelong protection and includes a cash value component. To get an accurate estimate, it's best to request a personalized quote.

The benefits of whole life insurance include lifelong coverage, a guaranteed death benefit, and a growing cash value that can be borrowed against or used to pay premiums. It also offers predictable premiums and can serve as a financial planning tool for future needs.

Whole life insurance works by providing a death benefit to your beneficiaries upon your passing. Part of your premium goes toward a cash value account, which grows over time at a guaranteed rate. This cash value can be borrowed against or used to pay premiums, offering both protection and an investment component.

Every parent has had the frightening experience of looking away from their child for mere seconds, only to find them gone when they look back. Fortunately, they are usually quickly found close by. But what if they’re not? AIL’s Child Safe Kit® makes pertinent information about your child available in one place, at a moment’s notice, when seconds count the most. Endorsed and supported by the International Union of Police Associations, AIL's Child Safe Kit adds an extra level of assurance for the family and shows our ongoing support and commitment to the community. American Income Life provides these kits at no cost to parents/guardians, schools, and child care centers.

Life insurance is beneficial for anyone who wants to ensure financial security for their loved ones. This includes: Parents and Caregivers: To support dependents’ needs. Homeowners: To cover mortgage and debts. High-Income Earners: To maintain family lifestyle and income replacement. Business Owners: To protect the business and fund buy-sell agreements. People with Significant Debts: To prevent burdening family with debt. Individuals with Special Needs Dependents: To ensure ongoing support. Retirees: To provide for a surviving spouse. Young Adults with Financial Obligations: To cover student loans and responsibilities. Those Seeking to Leave a Legacy: To contribute to charitable causes. Assess your situation to determine how life insurance can best meet your needs.