What is Whole Life Insurance? 

Transamerica’s Lifetime Whole Life products are non-participating level death benefit whole life plans that offer 4 Pay Period options: 10 years, 20 years, 30 years, pay to age 100.

Whole life policies is more permanent, and the policy lasts for the entire life of the policyholder. The policy gains value according to a fixed schedule. However, they do not come with the flexibility of adjusting premiums.