Variable whole life insurance provides both a death benefit and investment options, making it a popular permanent life insurance choice. This article explains how it works, compares it to other types of policies, and debunks common myths about it while identifying factors to consider before deciding to make the investment.
Whole Life Policies: Debunking Myths and Understanding Benefits
Whole life policies have several benefits that make them a great way to do long-term financial planning. Read on to learn about how whole life policies work, their benefits, and whether they’re right for you.