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    rough the government. Other advantages of whole life insurance include:

    · The value of the policy grows over time because of the invest

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    Whole life also known as straight life, or permanent life insurance provides lifetime protection for a specific amount. Whole life is basically term insurance with the addition of an investment component. Whole Life Insurance has a lot of advantages over Term Life Insurance.

    Advantages

    Whole life policies are generally a little more expensive, but work especially well for estate planning, because the policy can be set up to pay estate taxes upon death. This can save heirs hundreds of dollars because the estate then does not have to be settled through the government. Other advantages of whole life insurance include:

    · The value of the policy grows over time because of the investm

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    ly term insurance with the addition of an investment component. Whole Life Insurance has a lot of advantages over Term Life Insurance.

    Advantages

    Whole life policies are generally a little more expensive, but work especially well for estate planning, because the policy can be set up to pay estate taxes upon death. This can save heirs hundreds of dollars because the estate then does not have to be settled through the government. Other advantages of whole life insurance include:

    · The value of the policy grows over time because of the invest

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    >Advantages

    Whole life policies are generally a little more expensive, but work especially well for estate planning, because the policy can be set up to pay estate taxes upon death. This can save heirs hundreds of dollars because the estate then does not have to be settled through the government. Other advantages of whole life insurance include:

    · The value of the policy grows over time because of the invest

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    can be set up to pay estate taxes upon death. This can save heirs hundreds of dollars because the estate then does not have to be settled through the government. Other advantages of whole life insurance include:

    · The value of the policy grows over time because of the invest

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    rough the government. Other advantages of whole life insurance include:

    · The value of the policy grows over time because of the investment aspect of the plan. The policy owner can also decide how to use the dividends from a whole life insurance plan. They can either be used to pay premiums, buy more insurance, or be paid in cash to the policyholder.

    · Premiums remain level for the life of the policyholder. With this in mind it is often best to buy when you are younger to get lower premiums.

    · Whole life insurance has a guaranteed cash values. This means that some of the money paid into the policy accumulates a guaranteed cash values. If you decide to surrender the policy, which

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