You can keep Whole Life Insurance as long as you want. Once you’ve bought coverage, your cost won’t increase as you age. The benefit amount stays the same, too — it doesn’t decrease as you get older. That means you get protection during your working years and into retirement. You can borrow from that cash value, or you can buy a smaller, paid-up policy — with no more premiums due.

•  It’s more affordable when you’re younger. Once you’ve bought coverage, your cost stays the same as long as you keep it.
• The cost is conveniently deducted from your paycheck.
• Whole life gives you valuable protection in addition to any term life insurance you might have.