*Sounding the generous aunties and uncles klaxon.The best term here depends on who you are leaving money behind for.If it’s for a favourite niece or nephew to maybe pay for their education, then choose a term until they have finished education.If it’s to pay for a wedding or a deposit on a house, the term will have to match that stage in their life.Finally, if you want to leave something to your local dogs home, then a whole life plan is the way to go.