A permanent life insurance policy that provides insurance coverage for the entire life of the insured and generates cash value. (truebluelifeinsurance.com)
On the other hand, a «whole» or «universal» policy is considered permanent, providing coverage for the entire life of the insured. (investopedia.com)
From my point of view hole life insurance policy is a great investment to everyone because this policy covers for your entire life cycle not for specific time period. (thelifeinsuranceinsider.com)