Another major difference between term and permanent life insurance policies is that most permanent life insurance policies include some form of financial vehicle. (usinsuranceagents.com)
These can include mutual funds, stocks, money market funds, bonds, and a number of other financial vehicles. (goodfinancialcents.com)
That said, whole life insurance policies can be a good financial vehicle for people who have complex financial needs, or need permanent life insurance for estate planning. (policygenius.com)