There are some common twists on a whole life insurance policy. Limited payment and low interest are two most attractive advantages of whole life insurance. The whole life insurance policy sets the death benefit and premiums permanently but the cash value may fluctuate according to the interest rates. But the cash value is guaranteed by the policy and it can also be reduced even if the interest rates would make your investments worth less. You have to verify this with your insurance company. Knowing all these things you may take the decision yourself whether the whole life insurance is good for you or not.
If you have little interest or little experience in the investment of whole life insurance you should not make any delay to learn all about this. You can also opt for term life policy but the benefits of whole life insurance say that it is a better choice for you. Those who want a permanent protection in life, whole life insurance policy are best for them. You will have more control over this policy and it is universal in dealing with the customers. By reading online articles you may have enough knowledge on the working process of insurance and also you can learn how the policy works.