Which is the Cheapest Life Insurance: Term Life or Whole Life?

If you're looking for the cheapest life insurance, you'll want to check out the pricing offered on term life insurance policies.

In fact, whole life insurance can cost up to 10 times more than term coverage for the dame amount of life insurance protection.

Term life is much cheaper than whole life because term life is temporary coverage lasting for up to 30 years, while whole life insurance provides lifetime protection.

In addition, term life is "Pure Protection", meaning you receive life insurance, not any investment.

And, you may outlive the duration of a term life policy.

Learn more about term life versus whole life insurance coverage.