What’s Whole Life Insurance and is it Right for You?
Whole life insurance is more expensive than term life insurance because it comes with many financial advantages.
A whole life insurance policy earns cash value which acts like a savings account.
Cash value can be used for retirement, to take out a loan, or even pay the policy premium.
The author is not pictured.
"Whole life insurance is an estate-planning tool that offers more than a death benefit, but it comes at a steep price businessinsider.com, April 17, 2020."
