It really depends on your situation, and your reason for needing life insurance protection.

Term life insurance is better for short term life insurance needs, lasting for a period of 30 years or less.

While whole life is better suited for people who need life insurance to last their entire lifetime, no matter how long they live.

Term life is death benefit coverage only, providing a death benefit, but it does not build any cash value inside the policy.

Whole whole life provides a death benefit and...
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