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Do they not both provide guaranteed insurance coverage for life? The cash value in a whole life is a scam as if you ever use it your death benefit is reduced. Speaking of legality do you tell all your clients that kskj has the option to assess them a special charge? The face amount of a fraternal whole life is truly not "guaranteed". Its rarely happened but do you tell all clients you sell of this remote possibility?
You are wrong on that. The face amount and the premiums are fully guaranteed. As for telling that KSKJ is fraternal? Yes, every person is told they are fraternal. Same when I write RNA and when I used to write Foresters.
And no, they do not both provide the same guarantees.
Try explaining that to the DOI that you tell people that UL's and whole life are the same thing.