Why To Buy Whole Life Insurance? 
That is a great question ! There are a couple of reasons why a whole life policy makes sense . One would be if it is purchased for a young child . The price is locked in at that low rate for their entire life , and many companies will offer the opportunity to increase that coverage without any questions . The second is that the policy does n't end , so there is no way that you can outlive it . Many senior citizens purchase the policy advertised on TV by the large senior citizen advocate company , only to find that it ends when they turn 80 . Given that the average life expectancy is 84 for women and 82 for men , for many that is a terrible surprise to find that the policy ends , and that getting another one is too expensive , or not available due to their health issues . The third is that no matter how badly your health declines , you have insurance that ca n't drop you , or raise your rates . When your term policy ends , and youwant to get another one , your age and health issues are re-evaluated when determining eligibility and price . Please feel free to contact me if you would like to discuss this further . Thanks for asking ! 