What Does Whole Life Insurance Cover?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Whole Life Insurance covers death by any reason, just as all life insurance covers. This includes death that is the result of illness, accident, or "old age". The policy will pay a cash benefit to the beneficiary named on the policy upon the death of the insured person. Whole Life lasts ones' "whole life" and is a form of permanent insurance. 
    Answered on June 30, 2013
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