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Whole Life Versus Term…which is better? Both!
Term and Whole Life policies solve different problems.
If you have young kids and a mortgage term is probably better for you.
If you simply want to pay for your own funeral and any expenses associated with your death whole life is better.
Remember a $10K whole life policy will cost as much as a $100K term policy, but the term policy is temporary. It will only last 10, 15, 20 or 30 years. Then you have nothing. Whole life lasts until you die and always pay out. Term is still better for most people.
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