Steps
- Term life covers a set period (like 10, 20, or 30 years) and is usually the lowest cost.
- Whole life lasts your lifetime and builds cash value, at a higher premium.
- Match the type to the need: temporary debts and income replacement vs. lifelong coverage.
- Check whether your current policy is term or permanent — many people aren't sure.
- A licensed agent can compare your options side by side at no cost.
Need help with this? Speak with a licensed agent for a free, no-obligation review of your life insurance policy.
A licensed agent can walk you through every step at no cost. Life Insurance Help Now is independent, so the guidance is about what's best for you.