Highlight Fight of the Night: Whole Life Vs. Term Life

A storm approaches, built over a span of years, their fury amassed over many crowds. The match between whole life insurance and term life insurance is still unsettled. Men of many genius express their opinions on the better - many on saying term, and some predicting whole. Like all things about the indefinite, there is clearly no ultimatum. 

People love having straight, clear, single answers, including me. One that we can follow to better ourselves, and I'm going to be honest, that was why I loved math so much. But the problem is that everything in the world is formed from a subjective idea, and that is why we cannot apply the usual step-by-step method and we face, for once, the trouble of using rational problem-solving. Life insurance, or insurance for that matter, is a manifested idea, and it applies differently to each and every person.

That right there, is the main reason why its such a complicated problem to solve.

You'll never find your answer that'll apply generally to everyone, and that's the truth. 

However, fortunately there is an answer for yourself. It's time to asking 'what is better?' and start questioning 'what's better for my circumstances'. You've got to ask the right questions and you've got to stop thinking about what everyone else prefers.

Their's is not the life you are living. 

The best way to adjudicate an idea is to know, first, what you are talking about and then act rationally, logically and put yourself first. I said before that insurance is a manifested idea so manifest that idea - learn how it works, how it will apply to your life and how you can make the best of it.

So to help you with your triumphant conquest to determine what is better for you, here's a comparison of some of the difference of both:


Term life insurance only has the death benefit promised before the period of coverage expires, that's one of the main risk of purchasing term insurance. Whole life insurance, however, has special features such as a cash value for any payment above the required premium saved up available to your satisfaction. However, it is much more costly than purchasing term.

Period of Coverage

Simply, a whole life policy covers your entire life as long as premiums are paid while term covers a certain period, commonly 5, 10, 20 or to 65 years of age. 

Cost of Insurance

As explained before, many features come with the whole life insurance as well as the coverage of a lifetime. This means more expensive premiums and more out-of-pocket expenses for you. 


For an in-depth article of Term life vs. Whole life, click here

To leave a great bid farewell,I know I cannot help you specifically with what you need. But there is, however, more available resources out there. I especially made an insurance website to serve the answers to your questions and built solely to help you with that.