 TITLE: Term vs. Whole Life: Which Should I Get? CONTENT: Term Life vs. Whole Life Insurance\n----------------------------------\nBoth term and whole life insurance provide protection in the event that you die—but for the most part, that's where the similarities end. Many have compared the two to buying a home versus renting one. Here's why:\nWith whole life insurance, you'll get a cash value account that grows over time. If you decide to cancel your policy at some point in the future, you may be able to access some or all of the cash that's built up. In contrast, term life insurance offers protection only, and once your policy's term ends, you don't get anything in return. This makes it more like auto or homeowners insurance, which doesn't build up value, but protects you when you need it.\nHere's a deeper dive into both term and whole life insurance. END