All You Want To Know About Whole Life Insurance

Best Insurance Online16 Nov, 2021Finance

Life insurance is a contract between an insurer and an insured person where the insurer promises to pay a designated beneficiary in event of the death of the insured person. There are different types of life insurance, of which whole life insurance is the most common. As the name itself suggests, whole life insurance is valid for the entire life of the insured. If you get a whole life insurance Canada policy, then the coverage lasts for your lifetime.