The best type of life insurance may vary depending on your specific needs and what you want your life insurance to accomplish.
However, term life insurance is the cheapest and easiest to understand, and it offers low cost life insurance protection for up to 30 years.
Many young people may have temporary life insurance needs to provide protection of their income for their growing family, to pay off the mortgage, and provide funds for their children to go to college.
If you are a young adult and need life insurance for 30 years or less, term life offers the most protection for your money.
Whereas, permanent life insurance which usually costs up to 3 to 5 times more provides lifetime protection no matter how long you live.