Getting life insurance is kind of like a rite of passage into adulthood. First, you start off paying your own phone bills, and next thing you know you’re meeting your financial advisor friends to understand more about the different types of life insurance available. In this article, we’re zooming straight into whole life insurance, perhaps one of the core life insurance products. There are many whole life plans out there and while all of them are similar, no two are the same. The minute differences and complicated terms & jargon used don’t make it very beginner-friendly either. And on top of that, as it is a big-ticket item that requires a long term commitment, making the wrong choice can cause your wallet to take a hit. But don’t worry, we’ve taken the liberty to break down and explain the key factors you should look at when choosing your life insurance...