Loans
Personal Loans Student Loan Refinance Auto Refinance Mortgages Mortgage Refinance
Credit CardsSavingsCredit Score
Learn
Learn

>

Glossary

>

W

Glossary

We've organized the most common financial terms and explained them in simple, friendly ways.

#ABCDEFGHIJKLMNOPQRSTUVWXYZ

Whole Life Insurance

The most common type of permanent life insurance (as opposed to term life), whole life provides lifelong coverage (as well as an investment component) for the policyholder. As a result, premiums are more expensive compared to term life plans.