When deciding between direct term and whole life insurance, it is important to understand the differences. Direct term life insurance provides coverage for a specific period of time - usually 10, 20 or 30 years - at a predetermined cost that remains fixed throughout the duration of the policy. Whole life insurance, on the other hand, offers lifetime protection and has many advantages over direct term policies such as cash value accumulation, guaranteed death benefits and level premiums. In addition to these features, whole life policies also offer additional riders that can provide you with extra coverage when needed. Ultimately both types of policies have their pros and cons so be sure to consider your individual needs before making a decision about which one is right for you.