For the past three years, I have been told by my friends and officemates to purchase a Whole Life Insurance plan. I was really not convinced about the thing until my brother presented a Whole Life Insurance quote he got from an insurance company.
Four years ago, my brother was more indignant than I was when the idea of having a Whole Life Insurance plan was being talked about. He found it unreasonable and useless; and his opinion also influenced me. Because of this, I never got the chance to understand in depth what Whole Life Insurance is all about.
However, last week, I was indeed surprised when my brother went to our house for the sole purpose of presenting to me the Whole Life Insurance plan he was planning to get and the quote given to him by the insurance company. I found out that he has seen the positive idea of having one and was more convinced when he talked to an insurance agent.