1125 Gaskins Rd., Suite 100, Richmond, VA 23238

Phone:  804-741-9200


Let We Insure Richmond evaluate your Life Insurance needs.


Term life insurance, whole life insurance, universal life insurance, variable life insurance, survivorship insurance… the list and combinations seem endless. Do you know which life insurance policy type is right for you? Cary-Wheeler and Associates can help. Our life insurance professionals can find the right plan – or mixture of plans – for your specific needs

Whole Life Insurance Basics:


  • Exactly like it says – permanent, not for a specific period.
  • Protection carries with you your whole life, as long as premiums are paid.
  • Can build equity and have cash value.
  • Higher premiums then term life, but may be more valuable in the long run.

Term and Whole Life Insurance Combined:


  • Build lifelong base of whole life coverage.
  • Supplement specific times of your life with term insurance.

 Term Life Insurance Basics:


  • Coverage for a “term” or period of your life.
  • Lower premiums for a higher coverage.
  • Rates can change after specific terms expire.
  • No equity – does not build cash value.

What to Choose?


When to choose term? Most people choosing term life have a strategy for long term net worth and need specific coverage for a period of their lives to protect debt, loved ones, and children. For a homeowner with children it might make sense to have a term life policy to cover the mortgage and living needs until their children are old enough to provide for themselves – in this case the term would expire around the time your children move out.


When to choose whole life? Whole life can be used in the retirement years as cash assets. It can provide equity for loans and have fixed payments that do not increase with time. Many times whole life policies will pay dividends – although not always.


With so many options many people find themselves overwhelmed when they receive life insurance quotes. Let one our life insurance professionals put together the right life insurance quote for you.


As your personal situations change (i.e., marriage, birth of a child or job promotion), so will your life insurance needs. Care should be taken to ensure this product is suitable for your long-term life insurance needs. You should weigh any associated costs before making a purchase. Life insurance has fees and charges associated with it that include costs of insurance that vary with such characteristics of the insured as gender, health and age, and has additional charges for riders that customize a policy to fit your individual needs.


Guarantees and protections are subject to the claims paying ability of the issuing insurance company.

Voted a Five Star Professional


Five Star Professional surveyed more than 30,700 Richmond homeowners. The final list of 2017 Richmond Five Star Home/Auto Insurance Professionals is a select group, representing less than 2 percent of insurance professionals in the area. Evaluations were collected by mail, phone and online at www.fivestarprofessional.com/homesurvey


Phone:  804-741-9200

Fax:  804-740-6133

Claims:  800-421-3535

1125 Gaskins Rd., Suite 100, Richmond, VA 23238