Yes, there are times when buying a whole life insurance policy may make sense for you.
However, it depends on you and your personal life insurance needs - what you want your life insurance coverage to accomplish.
For instance, if you need life insurance to provide funds to help pay for your burial and funeral expenses, you may want to consider buying a whole life insurance policy.
Why choose whole life insurance? Be whole life insurance provides you with lifetime life insurance protection.
Whole life insurance has guaranteed level rates for your entire lifetime, and your life insurance coverage does not expire as long as your premiums are paid on time.
Also, whole life insurance may build up some cash value inside your life insurance policy from which you may take a loan. Many carriers allow you to take a loan of up to 80% of your cash value.
In addition, there are single premium whole life insurance policies where you only pay one premium and have lifetime protection.
Learn more about whole life insurance and request your free quote today.
