shopify analytics ecommerce
tracking

Compare Term And Whole Life

You should compare term and whole life insurance if you are considering buying life insurance to protect your family.

You may hear a lot about term but there is an alternative that many people don't want to even discuss.

Whole life is the alternate choice, you put out more in premiums but for some buyers it is worth it.

Whole life has cash values which are available to you if you live a long time. You can surrender your policy for it's cash value or you may take a policy loan if you need to.


Don't Pay Too Much For You Life Insurance - Save Up To 70%


Compare Term And Whole Life - The Differences

  • Term Life Insurance

    Term life insurance is bought to cover temporary needs. You buy a term policy, for example, to protect your dependent children until they graduate college and are able to sustain themselves. You may even buy term life insurance to cover outstanding debt. You don't want to leave your obligations for your relatives to take care of, do you?

    The length of the term policy will depend on how long you need the coverage for these needs. If you youngest is age 5 you will need coverage for at least 20 years to guarantee that your children will graduate college even if you don't live to see the event.
  • Whole Life Insurance

    Whole life insurance can do everything term insurance is designed to do plus considerably more. Consider what happens after the children are on their own. If your spouse wants to continue living in the same house you all enjoyed for years shouldn't s/he. If you are the breadwinner and you die without sufficient life insurance coverage this certainly wont happen.

    You can therefore conclude that the need for life insurance will continue. The beautiful thing about whole life insurance is that you can keep it for the rest of your life or age 100. Whole life costs more than term but the additional cost is offset by the cash values built into the policy. If you turn in, or surrender, your policy at any time you will be entitled to the cash value built up into the policy.

Take a little time to compare term and whole life and you will find that each type of policy fulfills specific needs. You decide which is best for you.


Protect Your Family With High Quality Life Insurance - Save Up To 70%


Home | Life Insurance Policies | Compare Term And Whole Life

Speak with a Licensed Agent:

1-954-874-6485

Tools And Resources

Life Insurance Need Calculator

Compare Term Life Insurance Quotes

Recent Articles

  1. Life Insurance | Term Insurance, Whole Life, Universal Life

    Shop And Compare Term Life, Whole Life And Universal Life Insurance Rates From A Highly Rated Carrier

    Read More

  2. Great 30 Year Term Insurance Policies Explained - 30 Year Term Life Insurance

    I recently did some research on the development of the 30 year term insurance policy over the years. What I learned was quite interesting.

    Read More

  3. Life Insurance No Exam - Apply For Life Insurance Without Exam

    Want to buy some life insurance no exam required? It is much easier to get than most people think.

    Read More