What Are the Different Types of Whole Life Insurance?

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Whole life insurance is a type of permanent coverage that’s offered in a range of “styles” to suit different needs. Since permanent coverage, including whole life, is more expensive than temporary or “term” coverage, many of the different types of whole life insurance have evolved to help owners manage the cost of premiums. But other types are built to maximize the death benefit or the cash value “savings” element.

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Original Article Source Credits:   The Balance , https://www.thebalance.com/

Article Written By:  MARK CUSSEN

Original Article Posted on:  February 17, 2021

Link to Original Article:  https://www.thebalance.com/types-of-whole-life-insurance-5113036


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