Why Would I Want Whole Life Insurance? 
There are several reason why you might want to purchase a whole life insurance policy . They offer permanent coverage , with guarantees . Permanent policies provide coverage until the day you die . Term life offers a lower premium cost compared to whole , but the coverage is temporary . Whole life provides guaranteed cash value accumulation , death benefit amounts , and level premiums for life . Guarantees remove the guess work , and provide a level of security other policy types can not match . 