Smith, Mike, CPFHayhoe, Celia Ray2014-08-122014-08-122009-05-01http://hdl.handle.net/10919/49745Whole-life insurance was created to address the problems with term insurance. The biggest problem with term life insurance is that it is purchased for a stated period of time. When the owner buys a whole-life policy, he or she is planning for the policy to last for the insured's whole life.2 pagesapplication/pdfen-USVirginia Cooperative Extension materials are available for public use, re-print, or citation without further permission, provided the use includes credit to the author and to Virginia Cooperative Extension, Virginia Tech, and Virginia State University.Family Financial ManagementExtension publicationhttp://pubs.ext.vt.edu/354/354-145/354-145_pdf.pdfInsuranceLife insurancePolicy