What Does A Whole Life Insurance Policy Offer? 
A whole life policy is the oldest type of life insurance which offers guarantees on a couple different levels . First , the death benefit is guaranteed , second the premium is guaranteed and last , the cash value is guaranteed . Whole life insurance may pay dividends to you or you can have them paid back into the policy . You can also design the policy with other options as well depending on the company . This is a simple explanation . 