Most people don’t like to think about life insurance. But it’s an important way to protect your family or a business partner.
* Whole Life always pays off, which makes it more expensive.
* Term Life gives you lots of insurance for a much lower cost. It protects you for 10, 20 or 30 years.
* Universal Life is somewhere in-between, both in price and protection.
There’s a place for each. It depends on your situation.