INSURANCE EDUCATION
Term Life and Whole Life
Term life insurance provides coverage for a specified period. Whole life is designed for lifetime coverage when policy requirements are met, and includes cash value.
Compare how long you need protection, what premiums you can sustain, and which benefits are guaranteed. Ask what happens at the end of a term and how withdrawals or loans may affect a cash-value policy.
General education only. Policy terms and availability vary. Source: National Association of Insurance Commissioners.
Ask about coverage