Life insurance is a policy

The whole life insurance is a policy that pays a lump amount on the death or other illness. The level of sum varies between the fixed sums to one that is very needy on the other operating costs. The whole life insurance is an accord that is assured by the individual for whole life and not limited in future for serious illnesses, such as aids and cancer etc. The life insurance has generally many types, like donation, imprecise premium, limited payment, single premium and economic.