gazar1
Senior Member
- Joined
- Oct 21, 2010
- Messages
- 2,356
- Reaction score
- 3
Term: Low premium high coverage. Use remaining savings to do own investment for future protection and retirement.
Whole life: Higher premium lower coverage. But includes guaranteed cash value + non guaranteed. May likely surrender during retirement years to get back amount of premium you have put in or more.
Is an apple to banana comparison. Which one do you need?
For people like me not investment savvy and 30yo only child in the family which will be a better choice?