This Insurance Glossary of Terms is produced and maintained by the National Alliance Research Academy. 
If you have a comment, suggestion or question please contact us at

Whole Life Insurance

Whole Life Insurance – A type of permanent life insurance that is characterized by guarantees such as fixed death benefit, guaranteed cash value, and fixed premiums. Has level premiums, and includes a savings element; includes ordinary and limited payment life insurance.

Do you need an answer immediately?

Check out our FAQ page!