Is Term Life Better Than Whole Life?

Whether or not term life insurance is better than whole life insurance depends on your specific situation and need for protection.

Since term life is temporary, lasting up to 30 years, it would be better suited for someone who only needs life insurance for a duration of 10, 15, 20, 25 or 30 years.

However, if you need life insurance guaranteed to last your entire lifetime, no matter how long you live, then whole life insurance would be a better option for you to consider.

If you are on a budget and need coverage for 30 years or less, term life offers the most affordable life insurance plans to meet your needs.

Learn more about if term life is better than whole life insurance.