Member Benefits Scholarship Program Financial Services Identity Theft Shield / Legal Services Payroll Services Travel Medical Insurance Program Insurance Services  > Auto/Homeowners  > Life & Annuity   > Term Life   > Whole Life   > Universal Life   > Annuities  > Health   > Long Term Care   > Medicare Supplem.   > Dental   > Disability   > Critical Illness  > Endorsed carriers	Whole Life Insurance For estate planning purposes, if you are looking for a policy that will last a lifetime (as opposed to only a specific term), then permanent life insurance may be for you. The two most common forms of permanent life are whole life and universal life. The common feature is that the insurance will remain in force for as long as the insured lives, not just for a set term of 5 to 30 years. This means that you don't have to be worried about outliving your term insurance and then paying huge term life bills when you are old or sick (if you are able to get term life then at all). Whole life insurance has a guaranteed premium that does not fluctuate. Whole life insurance breaks down into two major categories: regular issue and simplified issue. Regular Issue Regular issue means that the insured must take a medical exam. People who are in good health or only in slightly bad health should select this type of whole life insurance. Simplified Issue Simplified issue whole life insurance is intended for people who have serious health problems. Rarely is a medical exam required; however, it is more expensive than regular issue. To receive a quote, please call our toll-free number at 1-800-360-6117 or email info@MinnesotaBenefitAssociation.org

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