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Whole Life Insurance
If you're concerned about market fluctuations and want the security of a guaranteed rate, whole life insurance may be right for you. With whole life, you regularly pay premiums and part of the money is put toward a fixed-rate account that helps to build cash value. So you benefit from guarantees such as insurance protection for your entire lifetime if you continue paying premiums. Plus, the cash value you accumulate is generally placed in fixed-income investments that help provide a moderate rate of return.
Whole life benefits:
- Cash value builds at a fixed rate of return
- Potential for dividends with some policies
- Lifetime coverage with a guaranteed, fixed premium
- Access to cash value through loans
- Cash value grows tax-deferred
RiverSource® Whole Life Insurance
Issued by RiverSource Life Insurance Company and RiverSource Life Insurance Co. of New York
RiverSource Whole Life Insurance helps you accumulate cash value during your lifetime. So if you pass away before you reach your financial goals, there's money to help fulfill your financial responsibilities. You pay premiums on a regular basis, and part of the money is put toward a fixed-rate account that builds cash value. Whole life can offer:
- Cash value that systematically grows at a fixed rate of return — tax deferred.
- Lifetime coverage with a relatively low, guaranteed, fixed premium.
- Access to cash value.
- The ability to help keep your protection in force even if you're unable to make premium payments by applying the cash value as payment. Please note that excessive loans and withdrawals of the policy's cash value may cause the policy to lapse.
Permanent Life Insurance
Find out what type of life insurance could be right for you.
RiverSource Distributors, Inc. (Distributor), Member FINRA. Insurance and annuity products are issued by RiverSource Life Insurance Company and in New York, by RiverSource Life Insurance Co. of New York, Albany, New York. These companies are affiliated with Ameriprise Financial Services, Inc. Only RiverSource Life Insurance Co. of New York is authorized to sell insurance and annuities in New York.