Whole Life Insurance is a permanent life insurance policy that provides coverage for your entire lifetime. Unlike term life insurance, which covers a specific term, whole life insurance offers a combination of a death benefit, savings component, and potential dividends. […]
Whole life insurance is a type of permanent life insurance that provides coverage for the insured’s entire lifetime, as long as premiums are paid. Whole life insurance offers guaranteed death benefits and also builds cash value over time. This cash value grows at a fixed rate and can be accessed through loans or withdrawals while you’re still alive.