When we talk about life insurance with participation, some may wonder what it really is about. This is not a type of life insurance found everywhere or seen in advertisements. In fact, participating life insurance is often found under the name of whole life insurance with participation, a type of permanent life insurance with interesting tax benefits. Whether it is a deferred profit sharing or participating life insurance, it is pretty much the same. It is advisable to seek the help of a life insurance broker to help you sort out the different types of life insurance and to make sure that this is the best type of insurance for you and your finances. All in all, it is a good idea to know more before you take out life insurance with participation because it is a specialized field.