Is It Smart To Buy Whole Life Insurance? 
The answer to this question depends entirely on your specific needs and/or goals . Whole life insurance is a great product for those looking to establish permanent life insurance with a guaranteed premium that will never change . It 's also a great product for someone looking to diversify assets by leveraging the cash value accumulation aspect of the participating -LRB- i.e. earns dividends -RRB- policy . 