Whole Life | BetterLife

Guaranteed, Lifelong Protection

Our whole life insurance solutions help you live life to the fullest while knowing you have provided a financial safety net for you and your family. Unlike term life insurance, whole life insurance has a cash value and is designed to last for your entire lifetime.

Income Tax-Free* Death Benefit

When the time comes, your beneficiaries will receive an income tax-free death benefit for your policy, which can provide essential financial support for your loved ones.

Guaranteed Premiums

Your rate will never change for as long as you maintain your policy. Life insurance premiums increase as you grow older, so we recommend you purchase a policy now to get the most affordable rate possible.

Dividends***

Our whole life insurance policies are eligible to earn dividends, which are based on BetterLife’s financial success. Dividends can be received in the form of cash or used in other ways.

Whole Life Insurance Options

We offer three whole life insurance options so you can choose how and when you pay for your policy. These policies are available to people ages 0-85, except for our Limited Pay policies (see below). Select the solution that best helps you meet your financial goals. Click the blue text to learn more.

Level Premium Whole Life

Premiums are established at issue age and are guaranteed to never increase as long as you maintain your policy
Premiums are paid for your lifetime
Provides lower premiums than Limited Pay Whole Life & Single Premium Whole Life
Insurance coverage continues for your entire life
Policies available from $25,000 – 100,000+

Limited Pay Whole Life

Limit premium payments to a 10 or 20-year time period
10 Pay policy available to people ages 0-75
20 Pay policy available to people ages 0-65
Insurance coverage continues for your entire life
Policies available from $25,000 – 100,000+

Single Premium Whole Life

Purchase Whole Life Insurance by making a single premium payment
Policy remains in place for your entire life
Policies available from $25,000 – 100,000+

Download Our Whole Life Info Sheet

We also provide term life insurance and universal life insurance solutions. If you’re not sure how much life insurance you need, our life insurance calculator will help you to determine the correct amount.

If you would like to learn more about our life insurance solutions, contact one of our Insurance Agents today!

Here's what our members have to say:

Marcia Tennyson

Verona, WI

"BetterLife has really taken the time to get to know me and my family. I like that they are part of my community, and they care about the same things I do."

Anna Block

Hettinger, SD

"BetterLife has been involved in my life for a very long time. My father passed away when I was 10, and his insurance policy kept us going during that time. I have my own policy, I was a national scholarship winner which helped me attend college and become the teacher I am today."

Doug Hauk

Phillip, SD

"My favorite part of being a BetterLife member? There’s a lot, but the most important part is how we help our community so much. The activities that we do benefit so many people, & the number of people we’ve helped, from the small projects to the literal hundreds of thousand dollar projects."

Learn more about what BetterLife Whole Life insurance can do for you.

Fill out this form to get in touch with a BetterLife insurance agent. We’ll get back to you within 1-2 business days.

Whole Life Insurance