Which of the following types of insurance provides lifelong coverage?

Whole Life insurance is designed to provide coverage for the entirety of the insured's life, as long as the premiums are paid. One of its primary characteristics is that it offers a death benefit that is guaranteed to be paid out upon the death of the insured, regardless of when that occurs, which establishes its lifelong coverage feature.

In addition to providing life-long protection, Whole Life insurance typically accumulates cash value over time, which can serve as a savings component that policyholders can borrow against or withdraw from during their lifetime. This dual benefit of offering both insurance protection and cash value accumulation is what differentiates Whole Life insurance from other types of life insurance.

Term Life insurance, in contrast, provides coverage only for a specified term or period, after which the policy expires if coverage is not renewed. Accidental Death insurance only pays out benefits in the case of accidental death rather than providing overall lifetime coverage. Disability insurance is designed to replace income in the event that a policyholder becomes unable to work due to a disability, rather than providing a life insurance benefit. Each of these forms of insurance has its specific purpose, but it is Whole Life insurance that uniquely offers continuing coverage throughout the insured's life.