Ameritas Growth Whole Life Insurance: 10 Key Features That Stand Out

When navigating the intricate world of life insurance, especially when considering a permanent option, it’s crucial to understand the unique offerings of different policies. One such policy that has garnered attention is the Ameritas Growth Whole Life Insurance. This policy stands out in a crowded marketplace due to a variety of compelling features designed to meet the diverse needs of policyholders. In this article, we will explore ten key features that make Ameritas Growth Whole Life Insurance a noteworthy choice for anyone considering whole life coverage.

1. Guaranteed Death Benefit

At the heart of any life insurance policy lies its primary purpose: providing a death benefit to beneficiaries. The Ameritas Growth Whole Life policy guarantees a death benefit that remains level throughout the life of the policy. This means that regardless of market fluctuations or changes in health status, your loved ones can rely on the assured payout, offering peace of mind during uncertain times.

2. Cash Value Accumulation

One of the standout features of the Ameritas Growth Whole Life Insurance is its cash value component. As you pay your premiums, a portion goes into building cash value, which grows at a guaranteed rate. This cash value can be accessed during your lifetime, providing a financial safety net for emergencies, opportunities, or significant life events. The ability to tap into this value gives policyholders greater flexibility and financial control.

3. Dividend Payments

Ameritas has a history of paying dividends to its policyholders. These dividends can be used in various ways, such as purchasing additional coverage, reducing premiums, or simply taking them as cash. While dividends are not guaranteed, the potential for annual payouts enhances the overall value of the Ameritas Growth Whole Life Insurance policy, making it an attractive option for those seeking both security and growth.

4. Level Premiums

In many cases, individuals face increasing premium costs as they age or if their health status changes. However, with the Ameritas Growth Whole Life, premiums are level and guaranteed not to increase. This means that policyholders can budget their financial future without the worry of unexpected hikes in premium costs, providing stability and predictability in their financial planning.

5. Flexible Payment Options

Understanding that not everyone has the same financial capabilities, Ameritas offers flexible payment options for its whole life insurance policies. Whether you prefer to pay annually, semi-annually, or monthly, this flexibility allows policyholders to choose a payment plan that best fits their budget and lifestyle. This level of customization is particularly beneficial for those managing tight financial situations.

6. Accelerated Death Benefit Rider

Life is unpredictable, and the Ameritas Growth Whole Life insurance policy includes an accelerated death benefit rider. This feature allows policyholders diagnosed with a terminal illness to access a portion of their death benefit while still alive. This cash can be used for medical expenses, making it an invaluable resource during difficult times. Knowing that you have this option can be incredibly comforting and provides financial support when it’s needed most.

7. Whole Life Insurance with Growth Potential

Unlike traditional whole life insurance policies that may only provide a stagnant cash value growth, the Ameritas Growth Whole Life is designed to maximize cash value accumulation. With a focus on growth, this policy allows policyholders to benefit from both the guaranteed cash value and the potential for dividends, creating an opportunity for increased financial growth over time.

8. Strong Financial Ratings

When selecting a life insurance policy, it is imperative to consider the financial strength of the issuing company. Ameritas has consistently received high ratings from independent rating agencies, indicating strong financial stability and the ability to meet its long-term obligations. This reliability reassures policyholders that their investment is in good hands, ensuring that the death benefit and cash value will be delivered as promised when the time comes.

9. Customizable Options and Riders

The Ameritas Growth Whole Life Insurance policy is not a one-size-fits-all solution. Ameritas offers various riders and customizable options that allow individuals to tailor their coverage to meet specific needs. Whether you want to add a disability rider, a critical illness rider, or an accidental death benefit, these options enhance the policy’s functionality, ensuring that it aligns with your unique life circumstances.

10. Comprehensive Customer Support

Navigating life insurance can often feel overwhelming, but Ameritas prides itself on providing comprehensive customer support. From the initial quote to policy management, their team of knowledgeable agents is available to guide you through each step of the process. This support is especially valuable for those new to whole life insurance, as it ensures that you are making informed decisions and fully understanding the features of your policy.

Conclusion

In summary, Ameritas Growth Whole Life Insurance offers an array of features that not only provide essential life coverage but also emphasize growth, flexibility, and financial security. From the guaranteed death benefit and cash value accumulation to customizable options and strong financial backing, this policy addresses the diverse needs of policyholders.

As you consider your options in permanent life insurance, the Ameritas Growth Whole Life stands out as a robust choice that combines security and potential for growth, making it a worthy addition to your financial planning. If you’re interested in exploring this policy further or obtaining a quote, feel free to reach out to our team of experts who can assist you in navigating the options available and help you find the best fit for your needs.