But when you look at average whole life insurance rates, that might not always apply to your situation. For one, rates can differ among insurance providers and your location, so it's good to shop ...

Plus, these loans often come with lower interest rates than unsecured loans ... borrow from permanent life insurance policies ...

If you want a $250,000 whole life insurance policy on a 25-year term, State Farm can provide it for you. Final expense coverage can also be added to your plan at any time.

For a healthy, 30-year-old woman, a $250,000 whole life insurance policy costs an average of $180 per month, or $2,160 per year. ... Don’t stop at comparing whole life insurance rates, however.

The best whole life insurance of May 2025 comes with added benefits and ways to use cash value. Compare the top policies to get coverage for your needs.

Whole life insurance is a type of permanent life insurance. All whole life policies have three elements: premiums, a death benefit, and cash value.

Cash value is what distinguishes whole life insurance from other life insurance types. Your cash value typically takes 10 years or more to break even with your premiums.

Since insurers base rates on risk, there’s a higher chance they’ll need to pay out on a whole life insurance policy than a term policy, especially if you buy coverage earlier in your life.

And if you get a whole life insurance policy with a fixed rate now, you may be able to lock in today’s above-average rates for the life of the policy. Another indirect benefit of the current ...

Each family is different, and your life insurance policy should reflect your unique needs. Learn about different types of policies and how to choose the right one.