Whole Life is the perfect solution if you're looking for permanent life-long coverage with fixed premiums.
In a world of uncertainty, Whole Life insurance offered by AAA Life Insurance Company stands apart. It insures you for a lifetime. Plus the premium you pay for your coverage will remain level—which means it’s guaranteed to never increase. More than added protection, AAA Life’s Whole Life insurance is also a valuable asset that grows cash value over time.
Whether it's early in life or later, you'll appreciate the many benefits of AAA Life Whole Life insurance.
- Premiums are guaranteed never to increase1
- Builds cash value
- Policy loans available at a fixed rate2
Is Simple Whole Life insurance right for you?
Our Simple Whole Life insurance makes getting permanent life insurance easy. This product allows you to pay fixed premiums to lock-in a lifetime of coverage.
Simple Whole Life Insurance might be right for people looking to:
- Help cover cost of final expenses, fund family obligations, and pay other debts
- Fill in gaps left by other life insurance - supplement existing Term Life insurance or coverage at work
- Purchase coverage for your children or grandchildren
- Leave an inheritance to your loved ones or a charitable gift to an organization of your choice
How does our Simple Whole Life insurance work?
Simple Whole Life insurance offers guaranteed level premiums for the life of the policy while building a guaranteed cash value. It is designed to offer you permanent life insurance protection without the inconvenience of taking a medical exam.3
By completing a short application and answering a few questions, we can quickly make a decision with our streamlined underwriting process. Once approved, just pay your premiums when due and your coverage is guaranteed to last as long as you live, regardless of changes to your health.
Here are some features of our Simple Whole Life Insurance:
- Coverage from $5,000 to $75,000
- Death benefit and premiums never change4
- Builds cash value with policy loans available5
- No medical exam – just a few health questions
- Early access to funds if you should become terminally ill6
Customize your Simple Whole Life insurance policy
We understand that everyone's situation is different. That’s why we offer you the option to customize your policy to meet your needs. Here are a few riders that can be added to your policy:
Disability Waiver of Premium Rider - Ensures your premiums will be waived while you are disabled, as defined in the policy.
Children’s Term Rider – Can provide up to $15,000 of life insurance coverage per child.
Accidental Death Benefit Rider - Provides an accidental death benefit to your beneficiary if you lose your life due to injuries sustained in an accident.
Travel Accident Rider - Provides an additional amount of coverage if death is the result of a covered travel accident.
Disclaimers & Disclosures
1As long as premiums are paid when due.
2Benefits may be reduced by any loans on the policy less debt.
3If you apply for another insurance product, a medical exam may be required.
4As long as premiums are paid when due.
5Benefits may be reduced by any loans on the policy less debt.
6If you are diagnosed with a terminal illness with a life expectancy of 12 months or less, you may request to receive up to 50% of the policy’s death benefit or $500,000, whichever is less. Life expectancy duration varies by state. Requires medical evidence. The remaining benefits payable at death will be reduced by the amount of the Accelerated Death Benefit paid and any accrued and unpaid interest. Benefit may not be available in all states.
Life insurance underwritten and annuities offered by AAA Life Insurance Company, Livonia, Michigan. AAA Life Insurance Company is licensed in all states except NY. CA Certificate of Authority #07861. Products and their features may not be available in all states.
Simple Whole Life Policy Form Series: ICC10-5501WL/5501WL.
This is a summary of insurance provisions and does not contain all of the benefits and exclusions. For complete terms of the insurance coverage, please contact your insurance professional or refer to the policy.