Question

What are the different types of whole life policies?

My question comes from Insurance subject

This question was addressed to me by my college director while I was bunking the class.

Other related questions to my question are:-

What are 4 types of whole life policies?

What are the different types of life insurance and how do they differ?

What is the difference between whole life insurance and modified whole life insurance?

What are the three main types of life insurance?

Answer 1

Correct answer is: Whole life or permanent insurance pays a death benefit whenever you die—even if you live to 100! There are three major types of whole life or permanent life insurance—traditional whole life, universal life, and variable universal life, and there are variations within each type.

The title of my answer is What are the principal types of life insurance? | III