Lifelong coverage designed to be there when it's needed

Unlike term life, which covers a set period, whole life insurance is designed to remain in force for your entire life when premiums are paid as agreed. Premiums are typically level, and the policy may accumulate cash value that grows over time on a schedule set by the carrier.

Because it offers lifelong coverage and a cash-value component, whole life generally costs more than term life for the same death benefit. Whether that trade-off makes sense depends on your goals and budget.

Whole life is often considered by people who want lifelong protection, value the potential to build cash value, or want more predictable premiums over time. It's also the category that final expense policies usually fall within.

The right fit depends on your situation. We help you compare whole life with other options — like term — so you can choose what genuinely works for you.

• Designed to last your entire life when premiums are paid
• Premiums are typically level and predictable
• May build cash value over time, depending on the policy
• Eligibility, benefits and guarantees depend on the carrier and policy