What Life Insurance Is Best Term Or Whole? 
That is a matter of personal opinion . I would recommend whole life insurance first . Whole life insurance has a lot more going for it in the long run . It typically builds cash value , is set to active until age 125 -LRB- as of now -RRB- , and it also has other benefits depending on the carrier . Whole life insurance is typically the more costly option of the two types . Term life insurance will typically allow someone to secure higher dollar amounts in coverage but at a lessor cost than whole life insurance , but it remains active for a set period of time . Typically 10,20 , or 30 years . Most people opt for a combination of whole and term life insurance to meet their needs . Contact a local agent to discuss yours and your family 's coverage needs . 