Before you buy, ask a financial advisor for those who want complete life insurance, reasonably than one other kind of everlasting insurance coverage or a time period life coverage. Consequently, we’ve tended to brief-shrift whole life insurance because it is a murky mix of life insurance coverage and financial savings or funding automobile that builds cash worth after several years and into the ­future—again, as long as you pay the premiums, which can be 10 times as excessive as those on a similar-sized time period coverage.

But because greater annual premiums result in larger commissions for insurance gross sales­individuals, sooner …