Frequently Asked Questions

In this section of the website, we try to answer some common questions about whole life insurance. But, we are not responsible for the accuracy of the answers, and always advise you to talk to a whole life insurance agents about any particular questions you might have, as the answer might vary depending on the agent you speak with. To get answers to more specific questions, use one of the insurance comparison service listed on this website and ask one of the agents contacting you with your free, no obligation whole life insurance quote.

1. What is whole life insurance?
Whole life insurance is a permanent life insurance, meaning that this policy is guaranteed to pay out at one point. Whole life insurance is the most consistent permanent life insurance you can purchase, with the premiums and death benefit remaining the same throughout the life of the policy.

2. Why do I need whole life insurance?
Unlike term life insurance, whole life insurance is guaranteed to pay out at some point. Therefore, this type of life insurance might be a good way to make sure that dependants will be well of after one passes away. But, because whole life insurance is guaranteed to pay out at some point, it's also more expensive than term life insurance.

3. How can I find the cheapest whole life insurance policy available to me?
Eventhough whole life insurance is more expensive than term life insurance, you can still save money on your whole life insurance needs by getting a free quote from our recommended whole life insurance comparison service, which you can find by clicking here. After filling out the short form, you'll receive several free, no obligation quotes, which allows you to find the best whole life insurance available.


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