Term vs. Whole Life Insurance: Which Is Better?
Compare term and whole life insurance costs, pros and cons, and which one fits your family.
Term life
Term covers you for 10, 20 or 30 years at the lowest cost. It's ideal while you have a mortgage, young children or income to replace.
Whole life
Whole life lasts forever, has fixed premiums and builds guaranteed cash value. It costs more but works well for final expenses, legacy and conservative savings.
Why not both?
Many of our clients combine a large term policy for the high-need years with a smaller permanent policy for lifelong protection. We'll show you side-by-side quotes.