What is a whole life insurance policy?

A whole life insurance policy is life insurance that provides lifetime coverage.

This means, as long as you pay your premiums, you have life insurance protection throughout your entire lifetime.

Whole life insurance policies cost more than term life because they last longer. Also, whole life plans may build cash value inside the policy over time, from which you may be able to take out a loan.

The premiums you pay for whole life insurance usually remain level throughout the life of your policy.

Here's how you can learn more and compare free whole life insurance quotes online from several highly-rated life insurance companies.