10 Best Whole Life Insurance in 2025
Best for policies up to $25,000
- Age Eligibility: 45 to 85
- No medical exams required for coverage approval.
- Fixed premiums that never increase over the life of the policy.
Best for flexible, comprehensive whole life policies
- Age Eligibility: Up to 90 years old
- Offers customizable coverage with dividend eligibility
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Best for flexible options for lifetime coverage
- Age Eligibility: Up to 80 years old
- Competitive pricing for high cash value growth.
- Includes guaranteed level premiums for peace of mind.
Best for long-term financial growth and protection
- Age eligibility: 18 to 85 years old
- Builds cash value with potential dividend payments
- Access to flexible policy loans and withdrawals
Best for under 50 years old
- Lifelong coverage with flexible premiums
- Grow tax-efficient wealth inside your life insurance policy that you could access while alive
- Adjust your death benefits and premiums to fit your evolving needs
Best for policies up to $25,000
- Age Eligibility: 45 to 85
- No medical exams required for coverage approval.
- Fixed premiums that never increase over the life of the policy.
What is Whole Life Insurance?
Permanent policies like whole life and universal life provide coverage that lasts your entire life and include a cash value component you can borrow against. These are often used for estate planning, building wealth, or supporting a dependent with lifelong needs.
While they offer long-term benefits, permanent policies come at a higher cost. They may not be necessary for everyone—especially if your main goal is protecting your income while raising a family or paying down debts.
What is Guaranteed Whole Life Insurance?
Guaranteed whole life insurance—often called final expense or burial insurance—is designed to help cover end-of-life costs like funeral expenses, medical bills, or small debts. These policies offer lifelong coverage with guaranteed approval for most applicants between ages 50 and 85.
Coverage amounts are smaller (typically $2,000 to $50,000), but the application process is simple, with no medical exam and fixed premiums that never increase.
It’s a practical option for older adults who want to ease the financial burden on loved ones without the cost or complexity of larger life insurance policies.
The ranks shown are provided by a third party for the advertisers and are not on behalf of any particular product or its performance. Click here for additional details.