This type of insurance is meant to protect you in case of a disability hindering your ability to work. This applies if you are unable to perform the core functions of your job due to the development of a physical or mental limitation.  It can be caused by an accident, an illness, or psychological disorders.  It includes short-term disability benefits, long-term disability benefits, and paid sick leaves.

Leaving this life behind can get expensive.  Not for you, but for the loved ones you will be leaving behind. That is why life insurance is a great way for us to protect the ones we love, even if we are no longer with them.  Our final expenses are not limited to funeral costs.  There will be taxes and other associated costs, ceremony fees, clergy donations, and even leftover loans and mortgages.  

Whole life insurance is a guaranteed life insurance policy.  It remains in force during your whole lifetime and upon your death, payout is guaranteed to your beneficiaries.  This is, of course, subject if your required premiums are paid.