Which of the following is often considered a type of permanent life insurance?

Whole life insurance is considered a type of permanent life insurance because it provides coverage for the insured's entire lifetime, as long as premiums are paid. This type of insurance also includes a savings component, known as cash value, which grows over time and can be borrowed against or withdrawn by the policyholder. The premiums remain constant throughout the life of the policy, and the death benefit is guaranteed.

In contrast, term life insurance is only in effect for a specified period and does not have a cash value component. Accidental death and dismemberment insurance provides benefits solely for accidental injuries or death, lacking the long-term financial planning aspects of permanent life policies. Short-term health insurance typically covers medical expenses for a limited duration and does not relate to life insurance coverage. This distinction clearly marks whole life insurance as a foundational type of permanent life insurance with its unique features and benefits.