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Alliance Insurance Services

5440 Ward Rd. Ste. 215
Arvada,Colorado 80002

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What Is a Whole Life Insurance Policy?

If people depend on you, you know how important it is to have a life insurance policy. But, which kind do you pick? Many choose a whole life policy because of the way it works. If you want to know more about whole life policies, call us at Alliance Insurance Services in Arvada, CO for an appointment with an agent.

Whole Life

Whole life insurance is often called either ordinary life or straight life. It is a policy that covers the insured for as long as the premiums are paid, no matter how long that is. With term life, the policy has a set price that is guaranteed for the specific duration of the life insurance contract. However, whole life has no end unless you stop paying the premiums. It stays in force for the rest of the insured person’s life. 

The rate charged for this insurance is fixed based on the age you are when you first get the policy. Because of this, and because it stays the same even through old age, the premiums for this type of policy are more expensive than with term life insurance. In most whole life policies, the insured person pays the premiums for the rest of his life. However, there are some that are limited-pay insurance policies. With these, the insurance premiums only have to be paid for a set amount of time such as 20 years, and the insurance stays in place. 

Getting Life Insurance

If you know you need life insurance, there is no time to wait. Give us a call in our Arvada, CO office to get started. At Alliance Insurance Services we can walk you through the various life insurance policies to help you find the one that will best work for you.

  • Safeco
  • Travelers
  • Electric
  • Metlife
  • ASI
  • Progressive
  • Hartford
  • Foremost
  • Lockton
  • Auto-Owners
  • Berkley One
  • Nationwide

Company Overview

Alliance Insurance Services founded in 1992 has a long standing relationship with both customers and community. Since our start, Alliance Insurance Services has been headquartered at 5440 Ward Rd. in Arvada, Colorado. We also have locations throughout Metro Denver as well as Northern Colorado. Alliance Insurance Services is a proud long time supporter of the Children's Miracle Network, the Better Business Bureau, and the Professional Independent Insurance Agents of Colorado.

Mission Statement

Alliance Insurance Services is dedicated to a lasting relationship with our clients and community through superior service and value. We provide security with quality products and innovative technology. Our team has created an environment that instills trust with those we come in contact with.

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