When Does Whole Life Insurance Make Sense? 
it will all depend on your objectives and what you are looking for insurance to do for you . Many people purchase whole life insurance for a variety of reasons including -LRB- 1 -RRB- level premiums with no change -LRB- 2 -RRB- can last your whole life -LRB- 3 -RRB- builds cash value over time . When these are factors in your decision to purchase life insurance it would be wise to consider whole life . There are those who believe whole live never makes sense and those who believe it is all that makes sense . Those opinions tend to focus more on commissions to agents and product offerings of the carriers they represent . You need to examine your own situation , hear the pros and cons of the various types of insurance and make an intelligent decision for yourself . Your future financial health will depend on it . 