5 Reasons why term life insurance is better than whole life
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There are a few key reasons why term life insurance is often seen as being better than whole life insurance, even though both products have their own advantages and disadvantages. Here are five of the main reasons:<br>1) Term life insurance is generally much cheaper than whole life insurance. This is because it does not come with the same level of cash value accumulation that whole life insurance does, so the insurer can offer lower premiums.<br>
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5 Reasons why term life insurance is better than whole life
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