The oldest kind of cash value life insurance that combines protection against premature death with a savings account. Premiums are fixed and guaranteed and remain level throughout the policy's lifetime.

"Whole Life Insurance" In Context

"When choosing between term life or whole life insurance, you may decide to lean towards term life insurance. It is much more cost effective to invest in a term life policy. With the higher cost of whole life, term life offers savings and options to change ..."