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

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

Just like term life insurance, a whole life insurance policy will pay a death benefit to your beneficiaries upon your death. That’s where the similarities end. While a term life policy covers you for a specified time period, a whole life policy will cover you for your life, so long as your policy remains in force. Sep 29, 2021