Information on Whole Life Insurance
Finance and Investment No Comments »Whole life insurance is a plan on which you accumulate monies to be paid out to a beneficiary when you pass away. Unlike term life insurance, you can not be paid the monies when a certain period has passed, on the whole life insurance plan. This guarantees that you beneficiary, be it your wife, child, brother or sister, gets the money that has been saved as support that you are no longer able to give them.