What is NOT a benefit of whole life insurance?

Whole life insurance is designed to provide lifelong coverage, which is one of its primary benefits. This means that as long as the premiums are paid, the policy will remain in effect for the insured's lifetime. Additionally, whole life insurance also accumulates cash value over time, allowing policyholders to build savings that can be accessed or borrowed against. The premium payments for these policies tend to be predictable and stable, making financial planning easier for the insured.

The aspect of converting to term insurance after a certain age is not applicable to whole life insurance. Whole life policies do not generally convert to term insurance; instead, they maintain their structure throughout the insured's life. This is why the correct answer highlights option C as it does not reflect a characteristic of whole life insurance.