Whole life insurance combines permanent death benefit protection with a guaranteed savings component — building cash value over time that you can access during your lifetime for any purpose.
No obligation. No pressure. Just honest guidance.
Whole life insurance is a type of permanent life insurance that provides coverage for your entire lifetime — as long as premiums are paid. Unlike term life, it never expires. Every whole life policy builds cash value over time at a guaranteed rate, creating a living asset you can borrow against or withdraw from during your lifetime.
Whole life insurance serves a dual purpose: it protects your family with a guaranteed death benefit, and it functions as a financial tool by accumulating cash value on a tax-deferred basis. The premium you pay is split between the cost of insurance and a savings component that grows inside the policy.
Some whole life policies — called participating policies — may also pay dividends when the insurance company performs well financially. While dividends are never guaranteed, many well-established carriers have paid them consistently for over 100 years. These dividends can be used to purchase additional coverage, reduce premiums, or be taken as cash.
In Tampa, Florida and across the Tampa Bay area, whole life insurance is a popular choice for parents building generational wealth, business owners funding buy-sell agreements, and individuals who want a guaranteed, disciplined savings vehicle that does not lose value in a market downturn. Brandon Lopez at Lopez Wealth Care works with carriers including Americo and Mutual of Omaha to structure the right whole life policy for your goals.
Brandon Lopez will personally walk you through your options — no pressure, no obligation.
Book Free Consultation(727) 916-1225Trusted Carriers
Simple, transparent steps — no jargon, no pressure.
Brandon starts by understanding what you need: lifelong protection, legacy planning, cash value accumulation, or a combination. This shapes which type of whole life policy is the best fit.
Whole life policies vary by carrier, dividend history, premium structure, and cash value growth projections. Brandon compares options from multiple A-rated carriers to find the strongest policy for your budget.
Once your policy is active, your cash value begins growing immediately. You can monitor it, borrow against it, or use it to supplement retirement income — all while maintaining your death benefit.
This type of coverage is a strong fit for people in a variety of life situations.
Brandon Lopez serves clients throughout Tampa, Hillsborough County, St. Petersburg, Clearwater, Brandon FL, and Wesley Chapel. Whether you are a truck driver, a veteran, a business owner, or a parent planning ahead — Lopez Wealth Care is here to help you build a plan that fits your life.
Schedule My Free CallHere is why families and individuals in Tampa, FL choose this type of coverage.
Coverage lasts your entire lifetime — never expires as long as premiums are paid
Guaranteed cash value growth, regardless of market conditions
Fixed premiums for life — no increases, ever
Tax-deferred cash value accumulation inside the policy
Policy loans available using cash value — no credit check required
Death benefit paid income-tax-free to your named beneficiary
Dividends possible with participating policies from select carriers
Living benefits available on select plans for critical or terminal illness
Protects against market volatility — cash value cannot decrease
Can fund retirement income, education costs, or business needs
Helps build a financial legacy for future generations
Can be used as collateral for bank financing in certain situations
Real stories from Tampa Bay families and professionals.
“I wanted something that would grow over time and leave money for my kids. Brandon explained the cash value concept in a way that finally made sense to me. We locked in a policy and I'm glad we did.”
Latoya B.
Registered Nurse & Parent • Tampa, FL
“My business partner and I used whole life to fund our buy-sell agreement. Brandon structured it perfectly. He knows his stuff and was patient throughout the entire process.”
Marcus D.
Business Owner • Hillsborough County, FL
“After retiring, I wanted coverage that would never lapse and leave something for my grandchildren. Brandon found me a participating whole life policy that fits my fixed income perfectly.”
Eleanor S.
Retired & Grandmother • St. Petersburg, FL
* Testimonials are representative of client experiences. Individual results may vary.
Straight answers to the questions people ask most about whole life insurance in Tampa, FL.
Whole life insurance is a permanent policy that covers you for your entire life. Premiums are fixed, the death benefit is guaranteed, and a portion of every premium builds cash value inside the policy at a guaranteed rate.
Premiums depend on age, health, coverage amount, and policy type. Whole life is more expensive than term because it lasts forever and builds cash value. Brandon Lopez will provide a no-obligation comparison for your specific situation.
Cash value is the savings component that grows inside your policy on a tax-deferred basis. You can borrow against it, withdraw from it, or let it grow to supplement retirement income. It will not decrease due to market losses.
Yes. Most whole life policies allow you to take policy loans using your accumulated cash value as collateral. There is no credit check or approval process required, and loans are not taxable as long as the policy remains in force.
Term life covers you for a set period and has no cash value. Whole life covers you for your entire lifetime and builds guaranteed cash value. Term is lower cost; whole life is more comprehensive and serves as both protection and a financial asset.
Whole life is not a traditional investment, but it is a reliable, low-risk financial tool. It provides guaranteed growth, tax advantages, and lifelong protection. Whether it is 'right' depends on your goals — Brandon Lopez can help you evaluate that clearly.
Brandon Lopez at Lopez Wealth Care works with Americo and Mutual of Omaha — both A-rated carriers with strong whole life product lines and histories of financial stability.
Brandon Lopez will personally review your situation and present options that match your goals and budget — using only A-rated carriers. No pressure. No obligation.
Regarding: Whole Life Insurance
