What is the difference between term life and whole life?

Below are price comparisons between term life and whole life insurance. We used 20-year and 30-year term life policies because no apples-to-apples comparison is possible for the length of term life to whole life. read more

Now that you have a better picture of the difference between term and whole life policies, you probably want to compare term life versus whole life insurance costs. To do so, you will need to directly compare the short and long term costs of a whole life policy and a term policy, based on factors like your age, the face value of the policy you want to buy, and whether or not you are a smoker. read more

Term vs Whole Life What is the Difference Between Term and Whole Life Insurance John, at age 29, is able to purchase $200,000 in term life insurance for only $13.00 a month—or so says the TV ad. read more