Term Life
If you’re looking for a policy that offers fixed premiums, a built-in savings plan and want to leave an inheritance, a whole life policy might be a good option.
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It depends on your situation. If you’re a young head-of-household and you want protection for your family in the event of your death, a term life policy is an inexpensive way to do so.
The best solution is to speak with a qualified professional insurance salesperson to understand all of your options in both term and permanent life insurance. They will look at your situation and lifestyle, and help you to determine which type of life insurance will best meet your needs now and into the future.