Term vs. Whole Life Insurance: Which Is Right for You?

Term life gives you coverage for a set period (e.g., 10, 20, or 30 years). It’s often the most affordable way to protect your family during peak earning years. If you outlive the term, coverage ends unless you renew or convert.

Whole life is permanent coverage that can build cash value over time. Premiums are typically higher, but the policy can last a lifetime and may be used in estate planning.

Choosing: Consider your budget, how long you need coverage, and whether you want a cash-value component. We help you compare life insurance quotes for both term and whole life so you can decide what fits.