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Has Warren Buffett ever purchased whole life insurance?

Best Answers

It is well known that Buffett has been purchasing multiple policies each year for the past 3 decades. read more

I'm no insurance expert, but I know that whole life is where insurance agents make massive profits. Given that it's (generally) such a lousy product for the individual, I find it hard to put together a scenario where he'd purchase whole life. read more

General Re has a similar business model, providing reinsurance to the life/health insurance industry, as well as to property/casualty insurers. Auto insurer GEICO is the most widely known of Berkshire's insurance operations, and was acquired in full by Berkshire in 1996. read more

Alice Schroeder, The Snowball: Warren Buffett and the Business of Life. (Written with Buffett's cooperation.) Mary Buffett and David Clark, Buffettology and four subsequent books. (Combined sales of more than 1.5 million copies.) Janet Lowe, Warren Buffett Speaks: Wit and Wisdom from the World's Greatest Investor. read more

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