As with a straight life policy, people pay a regular premium, which varies according to the age when they start the insurance.

Dividends paid on a whole life policy can be utilized in many ways.

Permanent life policies can either have a fixed or flexible premium.

This is where you have to evaluate why you want a whole life policy.

Before the act they were just insurance brokers flogging life policies.

Two months ago he took out a straight life policy with double indemnity.

However, universal life policies run a much greater risk, and are actually designed to lapse.

Right Sue, what does it mean, a whole of life policy?

This is most often done with a Variable universal life policy.

In addition, there are different interest rates to consider in a universal life policy.