Is Buying Term And Investing The Difference Better Than Cash Value Life Insurance? 
Video Transcript : Hello everyone , I 'm Steve Savant , syndicated financial columnist and host of the weekly online talk show , Steve Savant 's Money : The Name of the Game . I 'm answering questions from insurancelibrary.com and today 's question is , `` Is buying term and investing the difference better than cash value life insurance ? '' Well , when I 'm looking at buying term and investing the difference , what am I investing it in ? And is that a risk area ? And if I 'm looking at permanent insurance , am I looking at guarantees and guaranteed returns ? Am I looking at using indexing ? Am I looking at risk-based insurance , like variable ? When I put those two together , I want to look at both of those plans and to see which one comes out the best . We have programs that we 've developed that will measure , is it better to buy term insurance and invest the difference in whatever product line you want to think of , whether it 's mutual funds or ETF 's . Or is it better to keep it inside a contract for the tax deferral and the possible tax-free income ? You can compare those things and always know which way to go with a simple program that will measure it for you . Well , that 's our consumer question for today . If you have any questions , submit them to www.insurancelibrary.com . 