Whole life insurance can benefit a variety of individuals, including those who are looking for a long-term financial planning tool, individuals who want to leave a legacy for their loved ones, and those who want to build cash value over time. Whole life insurance provides coverage for the entire lifetime of the insured and offers a guaranteed death benefit, which means that the beneficiaries will receive a payout upon the insured's passing. Additionally, whole life insurance policies accumulate cash value over time, which can be accessed through policy loans or withdrawals. This can be beneficial for individuals who want to supplement their retirement income or have access to funds for emergencies or other financial needs. Furthermore, whole life insurance can be a valuable estate planning tool, as the death benefit can help cover estate taxes and provide a financial legacy for heirs. It's important to note that whole life insurance may not be suitable for everyone, and individuals should carefully consider their financial goals and needs before purchasing a policy. Consulting with a financial advisor or insurance specialist can help determine if whole life insurance is the right choice for a specific individual's financial situation.