Term vs. Whole Life: Pros & Cons
| Aspect | Term Life | Whole Life |
|---|---|---|
| Cost | Lower for higher coverage | Higher premiums |
| Duration | 10–30 years | Lifetime |
| Cash value | No | Yes |
| Flexibility | Simple & predictable | Riders, loans, paid‑up options |
Questions? [email protected]
| Aspect | Term Life | Whole Life |
|---|---|---|
| Cost | Lower for higher coverage | Higher premiums |
| Duration | 10–30 years | Lifetime |
| Cash value | No | Yes |
| Flexibility | Simple & predictable | Riders, loans, paid‑up options |
Questions? [email protected]