Is Term Life Insurance Better Than Permanent? 
Better ? One is not better than the other . It all depends on what you need . Term life insurance will have a cheaper cost per month than a perminant policy will . BUT ... it will eventually end or run out , leaving you with no coverage . You will have to buy another term policy , at a higher cost per month because you are now older than before , or simply go without it . On the flip side , you could purchase a perminant policy that will last until age 120 . -LRB- Most of us will be gone before then -RRB- While you will pay more per month , your are in reality , not . The policy will not increase in price over the years , so the price you pay today will be the price you pay at age 90 . This is a major difference in the types of policies . Which one you need is an important decision . It 's best if you set down with a professional and go over these two options in more detail . Which one is better ? Whichever fits your life better ! 