Many have been perplexed about the nuances between whole vs. term, but really neither is bad; it really just depends on a person’s individual need.
For example, a person who is young and just bought their first house and is starting a family, term Insurance may be a good option for many reasons (e.g., price and flexibility). Term is cheaper than whole life and you can alter the term anywhere from 10 to 30 years of coverage.
Interested in learning more? Call our office or schedule a free consultation today. Let’s discuss the benefits of each type of coverage and determine which is best for your family.
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