Whole life insurance is a type of permanent life insurance policy that provides coverage for your entire life. Unlike term life insurance, which only provides coverage for a certain period of time, whole life insurance offers lifelong coverage and builds cash value over time, giving you an additional financial resource if needed.

While whole life insurance is typically more expensive than other types of life insurance, it offers some unique benefits and protections that make it a valuable option for many people.

Whole life insurance is a type of permanent life insurance that provides coverage for your entire life. Unlike term life insurance, which only provides coverage for a certain amount of time, whole life insurance offers lifelong coverage and builds cash value over time.

This cash value can be used to help cover the cost of your premiums, supplement your retirement income, or provide a source of emergency funds. 

Whole life insurance policies are typically more expensive than term life insurance policies, but they offer some unique benefits that make them a valuable option for many people.

Whole life insurance policies offer guaranteed death benefits and a fixed premium that will never increase, allowing you to plan for the future with confidence. These policies also offer the potential for tax-deferred growth of the cash value, which can be used to supplement your retirement income or provide a source of emergency funds.