Updated March 18, 2025, at 4:05 PM

In today’s uncertain economic climate, investors are always looking for stable asset classes to safeguard their financial future. But one potential investment gem often goes overlooked.

Whole life insurance is a type of permanent life insurance that provides coverage for the insured’s entire lifetime as long as premiums are paid. Additionally, whole life insurance builds cash value over time and offers both a death benefit and an investment component.