Who Has The Best Whole Life Insurance Rates? 
There 's no one company that offers the `` best '' whole life rates . The carrier that 's going to offer the best rates for you may not be the carrier the offers the best rates for someone else . There are a number of factors that go into the calculation of rates for a policy , but that 's only one area to think about . Some carriers may offer participating whole life policies -LRB- paying dividends that can be used to buy paid-up additions , reduce the premiums , or pay cash to the policyowner -RRB- - other whole life policies may be non-participating -LRB- meaning they do not pay any dividends -RRB- . Another factor determining which program will be best for your needs is the risk class . People may qualify for different risk classes with each carrier because each person has a different medical history and each carrier has their own set of underwriting guidelines -LRB- some carriers may be more aggressive in their underwriting and others may be more conservative -RRB- . You 'll want to consult with an independent life insurance agent/broker who can compare multiple companies to see who will offer you the lowest rates for what program you 're looking to set up . 