Life Insurance With Abcess What Exact Is Whole Life Insurance, And How Do Life Insurance Companies Profit From Selling It?

What exact is whole life insurance, and how do life insurance companies profit from selling it? - life insurance with abcess

Agents are always very interested in the sale of all of my family life as a long-term. Officials said all life is better in the long run because it will not shut down, and as a result of the recipient is guaranteed a payment at death of the insured. However, why the profits of the insurance of such a configuration, if they are required to pay an amount at least equal to the total amount paid?

I've tried to do some research yourself, but I still can not quite understand this problem. Any help would be appreciated!