Whole life insurance , or whole of life assurance (in the Commonwealth of Nations), sometimes called "straight life" or "ordinary life", is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the matur...
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.
Universal life insurance gives consumers flexibility, while whole life insurance offers consistent premiums and guaranteed cash value accumulation.
Whole life insurance is more expensive than term life insurance, but there are some advantages, such as cash value you can borrow against.
Whole life insurance is a type of permanent life insurance. All whole life policies have three elements: premiums, a death benefit, and cash value.
Whole life insurance has a cash value account that earns interest that you can then access.
Some policies allow for automatic premium loans when a premium payment is overdue.2 Whole life insurance is one type of permanent life insurance where the premium and death benefit...
Get your free whole life insurance quote today offering lifetime coverage with no expiration and fixed premiums with no price increases.
Whole life insurance policies provide permanent life insurance and typically offer fixed premiums, fixed death benefits and a cash value savings component.
Life insurance can be broken down into two main types: term vs. whole life insurance. Find out the differences between the two and which is best for your needs.