Term vs. Whole Life
0:46
YouTubeWizard of Insurance
Term vs. Whole Life
People get confused between term and whole life insurance. Here's the simple version. Term life covers you for a set period — 10, 20, or 30 years. If you die during that term, your family gets paid. If you outlive it, it's gone. No cash value. That's it. Whole life covers you permanently — no expiration date. It also builds cash value over ...
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