What Type Of Life Insurance Is Best? 
There are a number of different types of life insurance policies because there are different types of coverage needed to best suit different types of needs . Permanent life insurance with a cash value is best if you want to borrow from your own money to pay for needs like college or weddings . Term life insurance if best for temporary needs like paying off a mortgage . Universal or Whole Life is best for paying permanent needs life funeral costs . You really ca n't call one type of life insurance best . They are all best if purchased for the right need . 