Whole Life is similar to term, but you pay for the policy to cover your "whole life" not just a set period. Premiums remain crosswise as prolonged as the life of the coverage, and the insurer invests at least a piece of your premiums. Companies take a portion of money and move with policyholders in the type of a dividend. Many businesses will offer "a relatively low promised rate of return," but in alive compensate at a rate in excess of the guarantee. Use additional discounts on car insurance with life policies. It saves your money on state farm auto insurance quotes when you are looking for combined life and auto protection.