Why Whole Life Insurance Matters Whole life insurance is more than just a policy—it’s a lifelong promise of protection. Unlike term life insurance, which expires after a set period, whole life coverage is permanent and guarantees both a death benefit and cash value growth. But many people wonder: How much does whole life insurance cost in 2025? In this article, we’ll break down the average monthly rates, explain what impacts your premiums, and help you determine whether whole