Who Should Have Whole Life Insurance?

  1. 10968 POINTS
    Tim Wilhoit
    Owner, Your Friend 4 Life, Brentwood TN
    The reason that anyone would carry a whole life policy is someone who realizes that may need life insurance for their "whole life" at one level premium. This is first and foremost. Understand that whole life insurance policies are the Swiss Army knife of life insurance because of their versatility. Their funds can be used for things such as retirement, college and critical illnesses. However, the main reason is for having coverage for your whole life at one level premium and protecting your insurability for life.
    Answered on August 18, 2014
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