When Is Whole Life Insurance Better Than Term? 
Whole life is almost always better than term , because it locks in your premium for your lifetime , and always develops equity , from which you may borrow , and / or keep tax free . There somefolks who believe they will not need life insurance after ten years -LRB- no family , friends , charities , causes ? Really ? -RRB- . For those folks , if they plan on only have life insurance for ten years , during that short period , term will actually cost them less . Thank you . GARY LANE . 