We look at the guarantees within whole life insurance policies and options for accessing the cash value. Here are ways to decide if whole life is right for you.

Whole life insurance is a form of permanent life insurance, which means the coverage remains in force until you die as long as you pay your premiums. The death benefit, ...

Whole life insurance has many features and benefits, but it can be challenging to take full advantage of them without a professional. High premiums: The cost of whole life insurance is much higher ...

While they're both types of life insurance, term life and whole life insurance differ on several key points. Term life insurance is a policy that covers a policyholder for a set period, generally ...

Unlike whole life insurance, term life insurance expires after a set number of years — typically 10, 20 or 30 — and doesn’t build cash value. It’s generally much cheaper than whole life ...

Whole life insurance is often not the best investment because it’s one of the most expensive ways to buy life insurance and gains in cash value are limited. Here’s a closer look. Using Whole ...

Whole life insurance is more expensive than term life insurance, when the coverage amount and other factors, such as age and health status, are the same.

When whole life insurance probably isn't worth it. If you're in poor health or are much older, whole life insurance may not be worth it, as the premiums could be cost-prohibitive, especially if ...

Unlike whole life insurance, term life policies only last for a certain period, usually 10 to 30 years. Other policies have terms that last until you reach a certain age such as 65.

Whole life insurance is a type of permanent life insurance that builds tax-deferred cash value. With a whole life policy, a portion of each premium payment is deposited into a separate account ...