Term life insurance may be a good idea of you have temporary life insurance needs for a period of 30 years or less. For instance, many families buy life insurance to provide protection to pay off the home mortgage and pay for their child's education if they pass away unexpectedly.
Others may choose whole life insurance because it provides lifetime coverage and can help pay for their final expenses, such as, funeral and burial costs.
However, term life insurance costs a lot less than whole life, which means you can afford a lot more life insurance protection. So, it really depends on how much life insurance you need, for how long, and your budget.
Here's how you can learn more about how term life insurance works and get free, instant quotes online today.