It depends a lot on your specific needs, but for the most part, term insurance is better than whole life insurance because it allows you to purchase insurance for only the time you need it. You can still get life-long coverage without getting a whole life policy. A T-100 or minimum funded universal life insurance policy will cover you from birth until death.
It depends a lot on your specific needs, but for the most part, term insurance is better than whole life insurance because it allows you to purchase insurance for only the time you need it. You can still get life-long coverage without getting a whole life policy. A T-100 or minimum funded universal life insurance policy will cover you from birth until death.
Source: https://instantinsurancequotes.ca/term-life-insurance-best-insurance-canada-tips-quotes/