The advantage of whole life insurance is that it is generally cheaper than term life insurance per dollar of coverage.

Name: The advantage of whole life insurance is that it is generally cheaper than term life insurance per dollar of coverage.
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Whole life insurance is generally more expensive than term life insurance per dollar of coverage. This is because whole life insurance not only provides a death benefit, but also includes a savings or investment component.

The Advantage of Whole Life Insurance Is That It Is