Compare Whole Life Insurance Premiums

Whole Life life pay products are permanent life insurance products with guaranteed, stable investments. These policies have a lower rate of return on investments in the short term, compared to universal life, but over the life of the policy, the investment will have a very stable growth. The monthly payment amounts shown here are minimum payments, because a very important part of all whole-life insurance products is paying into an investment.

The Pay to 65 class of whole life insurance products are simply whole-life policies that you pay into until age 65. These policies aim to provide the policy holder with a means to invest and insure themselves during their working years. The goal for these policy holders is to have tax-sheltered investment funds with an amount to retire on, as well as a death benefit for their families that they no longer have to pay into once they're retired.

Whole Life 10 pay is a permanent whole life insurance policy and investment fund that you pay into for ten years. After this period of time, the policy requires no additional payments and you're covered for the rest of your life. Because these policies are packing a larger investment and the insurance coverage for a whole life into ten years, it generally has the highest premiums.

Whole Life 15 pay is a permanent whole life insurance policy and investment fund that you pay into for 15 years. After this period of time, the policy requires no additional payments and you're covered for the rest of your life. Because the payments are spread over the course of 15 years, the premiums are generally lower than 10 pay policies.

Whole Life 20 pay, like 10 pay and 15 pay is a policy that you only pay into for a period of time. After this 20 years, the policy requires no additional payments and you're covered for the rest of your life. Because the payments are spread over the course of 20 years, the premiums for these products are lower than their 10 and 15 year counterparts.