Does It Make Sense To Buy Whole Life Insurance? 
Buying whole life insurance can make sense for a lot of different reasons . If you need a death benefit to leave to loved ones that lasts your `` whole life '' certainly this product can accomplish that goal . Whole life is the Swiss Army knife of life insurance plans . The cash value can be used for anything from critical illness money to children college funds to retirement funds . I recommend sitting down with an independent life insurance broker who can help you decide if whole life , universal life or term life will best accomplish your goals within your budget . 