Why Buy Whole Life Insurance? 
Great question ! There are a couple of good reasons why a whole life policy might be a better choice than a term policy . The first is to ensure that there is money to pay for your final expenses , no matter how long you live . Many of the popularly advertised term policies end at the age of 80 . What happens if you live beyond 80 ? A whole life policy protects against that . Another reason is that if your health were to seriously decline , a whole life policy stays in effect . The changes in your health may prevent you from getting another term policy , or greatly increase its costs . A third reason would be to ensure the passage of tax free wealth to your survivors . You can outlive a term policy , and have nothing to pass on , where a whole life policy will guarantee that the money passes to your beneficiary . If you have more questions , please feel free to contact me , I 'm happy to help . Thanks for asking ! 