Whole life insurance provides coverage for the life of the insured and offers a savings component for the accumulation of cash value.
 | | Whole Life Insurance | | Whole life insurance provides coverage for the life of the insured. In addition to providing a death benefit, whole life also contains a savings component where cash value may accumulate. These policies are also known as permanent or traditional life insurance. | | Breaking it Down: | | The most common of life insurance products, whole life insurance guarantees payment of a death benefit to beneficiaries in exchange... | | Read More » | | Related to "Whole Life Insurance" | | | | Life insurance versus annuity | | Are you thinking of buying insurance? There are certain scenarios in which investing in insurance is a savvy move. But expect a big chunk of your money to go toward fees. | | Read More » | | | Term Life Insurance | | Term life insurance is a type of life insurance that guarantees payment of a death benefit during a specified time period. | | Read More » | | |  | | | | CONNECT WITH INVESTOPEDIA | | | | | | | |
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