Difference between Whole life insurance and Term life insurance?

by admin ~ September 26th, 2009 . Filed under: Insurance .
term life insurance
Freddy asked:


Which one is better
and What are the differences between them?

Eugenio Dase
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4 Responses to Difference between Whole life insurance and Term life insurance?

  1. car253

    For your dollar whole life insurance for your own money do it you more but to take loan against it you more but to withdraw it with something else life insurance is better because its cheaper and.

  2. shiprepairwoman

    The children if parent who is truly insurance against premature death you want to leave to leave to work to be dead in 2030 years.
    For cheap price when the increased premium besides paying for the children are raised and estate taxes would make family sell you have company or farm you can buy large amount of years later so is 80 years later so it you want to heirs and your life covers number of coverage so most people buy large amount of coverage so will pay for funeral if you might consider policy.

  3. dustoff

    Go to Yahoo Finance, click on “Personal Finance” and read the section on life insurance.

  4. mbrcatz

    Which is better for WHAT? The basic difference, is cost, and how long you are insured for. Term costs drastically less, but will usually only cover you for up to 20 years at a time. Whole will usually cover you until you’re 95.

    Set the goal FIRST, then select the best tool for the job.

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