Why life insurance is so expensive?

Why life insurance is so expensive?

Why whole life insurance has a high price tag While term life insurance expires after a set number of years, whole life insurance lasts your entire life. And as you get older, you become riskier to insure. It accumulates cash value. When you pay your premium, a portion is invested, giving your policy a cash value. Oct 14, 2021

See also  What type of life insurance gives the greatest amount?