Term Life Insurance:
A good Term Life Insurance policy will insure that our loved ones will continue to have the same quality of life in the event of a loss. Term life insurance means a policy for a specified "Death Benefit" is in force during a specified time period.

Whole Life Insurance:
Whole life insurance differs from Term Life Insurance in several ways.
It is a permanent policy that covers the insured for life.
Most whole life policies build cash value.
Most whole life policies offer loans and significant tax advantages to the insured.