Whole Life contracts run for the whole of the policyholder's life and accumulate a monetary value which is paid out when the contract matures or is surrendered. (allinsuranceinfo.org)
The prospectus, which contains this and other information about the variable annuity and variable universal life contract and the underlying investment options, can be obtained from your financial professional. (ufcu.pfyfn.com)
While it's core product is whole life (and its many variants), it also offers much more, from basic term life, to complex variable life contracts. (bestliferates.org)