what is whole life insurance 
whole life insurance provides coverage throughout the life of the insured person in addition to paying a tax free death benefit whole life insurance also contains a savings component in which cash value may accumulate interest accrues on a tax deferred basis 1whole life insurance policies are one of several types of permanent life insurance meaning they cover you for your entire life universal life indexed universal life and variable universal life are others you can choose a whole life insurance policy that works for you from one of these best life insurance companies 