Whole life or term life? Explaining the ‘financial safety net’ of life insurance

Whole life or term life? Explaining the 'financial safety net' of life insurance

Life Insurance is something most of us will buy during our lives. There’s two options to pick from: whole life and term life insurance. So which option is best? TOLEDO, Ohio — Life Insurance is something most of us will buy during our lives.. it’s a "Financial Safety Net."

Here’s what always confused me. They have two different kinds, term and whole life.

Term, you might buy to cover the mortgage in case you die within 20-to-30 years, so your family has security.Permanent, or whole life? Think of that as another nest egg for retirement.While maybe a lot of us have […]

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