Whole life insurance is permanent life insurance that pays a benefit upon the death of the insured and is characterized by level premiums and a savings component.
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7 Permanent life insurance 2.7.1 Whole life 2.7.2 Universal life coverage 2.7.3 Endowments 2.7.4 Accidental death 2.7.5 Senior and pre-need products 3 Related products 3.1 Unit-linked...
Unlike term life insurance, whole life policies cover you for life and let you build savings in a cash value that you can tap for future needs.
Whole life insurance is a type of permanent life insurance with lifelong coverage. Learn more about whole life insurance.
Term life insurance is temporary, covering you for a fixed period of time, while whole life usually lasts a lifetime. Learn more now.
Learn how whole life insurance works, how it compares to other types of life insurance, what the pros and cons are, and if its a good investment.
The difference between whole life and universal life insurance comes down to the guarantee or flexibility of premiums, death benefits and cash value growth.
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Comparison Site ▲ ▼, Our Take ▲ ▼, Reviews Average (out of 5) ▲ ▼, Sells Customer Information? ▲ ▼ ; Insurify, Among the best, 4.7, No ; NerdWallet, Only shows ads, 2.5, No ; Policygenius, Real-time quotes through lengthy process, 4.6, No