10 Best Whole Life Insurance in 2025
Fixed-Rate Whole Life that Builds Tax-Deferred Cash Value
- Competitive pricing for high cash value growth.
- Access funds for life's milestones without compromising your coverage.
Skip Medical Exams—Get Lifetime Coverage in Minutes
- Permanent life insurance up to $1M with cash value growth.
- Tax-advantaged & safe from market downturns.
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- Lifelong coverage with flexible premiums
- Grow tax-efficient wealth inside your life insurance policy that you could access while alive
Grow-Up® Plan: the benefits double, the rate stays locked
- Child whole life insurance starting at $3.70 per month
- Coverage automatically doubles during the year your child is 18—at no extra cost!
Lifetime Protection Supported by Top Ratings from Major Agencies
- Age Eligibility: Up to 90 years old
- Offers customizable coverage with dividend eligibility.
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Lifetime Coverage with Cash Value that Never Drops
- Guaranteed payout, cash value growth, and dividends all in one policy
- Legacy of dividend payouts since 1872
Fixed-Rate Whole Life that Builds Tax-Deferred Cash Value
- Competitive pricing for high cash value growth.
- Access funds for life's milestones without compromising your coverage.
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.