A whole life policy can earn dividends.

终身人寿保险可以获得红利。

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It's a whole life policy that gives the policyholder flexibility over the insurance premiums.

作为终身寿险的一种，它为投保人的保费提供了灵活性。

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It's a whole life policy that gives the policyholder flexibility over the insurance premiums.

作为终身寿险的一种,它为投保人的保费提供了灵活性

耶鲁公开课 - 金融市场课程节选

There's something called "variable life," which refers to a life insurance policy where the policyholder can make decisions about the investment of the money in the whole life policy.

有种保单叫做"可变寿险",作为终身寿险的一种,投保人可以自主选择,在终身寿险上进行多少投资

耶鲁公开课 - 金融市场课程节选

The build-up in value of a whole life policy is not subject to current taxation.

FORBES: 1099s From Insurance Companies - Don't Ignore But Don't Take At Face Value Either

There have been several cases, two in the last month, where people have paid into a whole life policy for a period of time and then years later been blindsided by unexpected phantom income.

FORBES: 1099s From Insurance Companies - Don't Ignore But Don't Take At Face Value Either

If the policy is more than 20 years old, it's almost certainly a whole life policy, meaning it builds up cash value and can be borrowed against. (This is what reeled in your parents.)Another popular variation was the endowment policy, which pays face value at a specified age, such as 65.

FORBES: Old but still kicking