One deposit. A lifetime of guaranteed, tax-free legacy.
Single Premium Whole Life is exactly what it sounds like — you make one lump-sum payment, and the policy is fully funded for life. Ideal for turning idle savings, an inheritance, or a maturing CD into a tax-advantaged legacy.
One payment, fully funded
Make one lump-sum deposit. The policy is paid up for life — no more premiums, ever.
Instant multiplication
Your death benefit is immediately larger than your initial deposit — often by a significant margin.
Guaranteed cash value
Cash value begins growing immediately through guaranteed interest. The policy never lapses.
100% income-tax-free payout
Your beneficiaries (or trust) receive the full death benefit tax-free under IRC §101(a).
Turn money sitting still into money that works.
Single Premium Whole Life is an ideal option for someone who has a savings account, inheritance, or lump sum sitting in a bank earning next to nothing. By repositioning it into a single premium policy, you instantly multiply it and lock in tax-free growth.
- Retirees with idle cash in low-yield accounts
- Adults who recently received an inheritance
- Savers with maturing CDs looking for better use of funds
- Anyone funding a legacy gift in a single transaction
- Trust planners seeking guaranteed, immediate coverage
- Clients who want zero ongoing premium obligations
$100,000 sitting in a bank vs. inside SPWL.
In a savings account / CD
- • Interest taxed every year as income
- • Heirs receive whatever's left, often taxed
- • Subject to probate and creditors
- • No multiplier on the principal
In Single Premium Whole Life
- • Immediate death benefit larger than deposit
- • Cash value grows tax-deferred
- • Payout is 100% income-tax free
- • Avoids probate when paired with a trust
Actual multipliers, cash values, and benefits vary by age, gender, health, and carrier. Request a personalized illustration to see your real numbers.