Whole life insurance, sometimes called straight life, is the most widely purchased type of cash-value life insurance. As long as you continue to pay the premium, whole life insurance covers you for your lifetime. The premium usually stays the same for the length of the policy.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). whole life insurance. Retrieved October 1, 2026, from http://smartdefine.org/whole_life_insurance/definitions/1166502 |
| Chicago | Barry Goldsmith. 2010. "whole life insurance" http://smartdefine.org/whole_life_insurance/definitions/1166502 (accessed October 1, 2026). |
| Harvard | Barry Goldsmith 2010, whole life insurance, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/whole_life_insurance/definitions/1166502>. |
| MLA | Barry Goldsmith. "whole life insurance" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/whole_life_insurance/definitions/1166502> |