Current Page Loaded : Permanent Life

Permanent Life

Fidelity Life’s range of permanent whole life insurance products offer lifelong coverage and level premiums.

Why people choose permanent life

Permanent life insurance provides lifelong financial protection, offering ongoing security for your family. As long as your premiums are paid, the benefits from a permanent life insurance policy never expire. Your premiums never go up, even as you age or if your health status changes, and your policy accumulates a cash value over time.

Our permanent life offerings include RAPIDecision® Final Expense and RAPIDecision® Guaranteed Issue and RAPIDecision® Senior Life. Since Fidelity Life’s permanent whole life insurance options do not require a medical exam, your application can be approved in hours or days – not weeks.

Premiums stay the same for the life of the policy, while it accrues cash value.
You can select from a range of whole life coverage designed to offer lifelong financial security for your family, available without a medical exam requirement.
Our application process makes getting coverage easy and fast.

Term Life versus Whole Life

Term Life Whole Life
Length of Coverage You choose a term length (10, 15, 20, 30 years) based on your needs. Your coverage lasts your lifetime, as long as you pay your premium.
Premium Term life premiums are usually the most affordable. Whole life premiums are more expensive than term premiums for same coverage.
Medical Exam A medical exam is not always required. A medical exam is usually required–but there's no exam with Fidelity Life.
Guaranteed Payout Yes, a payout is guaranteed for the duration of your term as long as premiums are paid. Yes, a payout is guaranteed for the life of your policy as long as premiums are paid.
Cash Value A term life policy does not build a cash value. A whole life policy can build tax-deferred cash value.
Length of Coverage Term Life You choose a term length (10, 15, 20, 30 years) based on your needs. Whole Life Your coverage lasts your lifetime, as long as you pay your premium.
Premium Term Life Term life premiums are usually the most affordable. Whole Life Whole life premiums are more expensive than term premiums for same coverage.
Medical Exam Term Life A medical exam is not always required. Whole Life A medical exam is usually required–but there's no exam with Fidelity Life.
Guaranteed Payout Term Life Yes, a payout is guaranteed for the duration of your term as long as premiums are paid. Whole Life Yes, a payout is guaranteed for the life of your policy as long as premiums are paid.
Cash Value Term Life A term life policy does not build a cash value. Whole Life A whole life policy can build tax-deferred cash value.

Find a policy that works for you

There are a range of affordable Fidelity Life products to choose from based on your situation and financial responsibilities.

Learn & Plan

Ready to understand life insurance better? We’ve got information and resources to help.

Life insurance agent icon
Still need help?

Get your quote online or call one of our agents at (866) 912-7775(866) 244-5475