Which type of life insurance allows the policyholder to keep the coverage regardless of changes in health status?

Whole life insurance is suited for individuals who want a policy that remains in force for their entire lifetime, regardless of changes in their health status. This type of insurance guarantees that as long as premiums are paid, the coverage will not be canceled due to health deterioration or other factors that could affect insurability.

Whole life insurance also builds cash value over time, which can be accessed or borrowed against, providing additional financial flexibility. The premiums for whole life insurance are typically level and remain the same throughout the insured's life, ensuring a stable financial planning tool.

In contrast, term life insurance only provides coverage for a specified period and may not be renewable if the insured's health worsens. Universal life insurance may offer flexibility with premiums but does not guarantee lifetime coverage if the insured's health changes significantly. Therefore, whole life insurance is the most appropriate choice for maintaining coverage regardless of health changes.