Is Term Life Insurance The Best? 
Term Life has it 's place , but overall for most people I would advise against it . Term insurance expires at the end of it 's `` term '' - hence the name Term . Every year older we get , everything else being the same , the cost of insurance goes higher . So if you buy a 20 year term policy at age 30 , and you do n't implement a whole or permanent life policy during that time , at the end of the term you will have no more insurance and the cost to buy a new policy may then be prohibitive . Also Term insurance has no cash value , so the only benefit connected with Term insurance is to your beneficiary if you die before the term is expired . Is it the `` best '' ? I would say definitely No . 