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Whole Life Insurance
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Whole life insurance is a form of cash value life insurance that covers an insured for their entire lifetime, assuming all premiums are paid as specified in the whole life insurance policy. Whole life insurance also builds cash value that the policyholder can redeem or borrow against as well pays off a stated amount upon the death of the insured. Whole life insurance is considered a permanent life insurance policy because it does not expire and is guaranteed to pay out. Compare to Term Life Insurance. Whole life insurance is considered maximum coverage, it is also more expensive than term life insurance, but premiums although high are level, and include the cost of term insurance plus a savings component. It is the oldest type of cash value life insurance that combines protection against premature death with a savings account. Compare whole life insurance quotes and save, today!

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