Is Whole Life Insurance Expensive? 
Whole Life insurance usually -LRB- not always -RRB- costs quite a bit more than Term Life . That is because Whole Life lasts your `` whole life '' , whereas Term insurance will end after a number of years . Whole Life also offers features that are not available with Term Life , such as cash value , the ability to have the policy pay the premiums at some point , etc. . So whether someone feels that Whole Life is expensive depends on whether they feel the permanent nature of the policy , and the extra features , are worth it to them . 