Term Or Whole Life Insurance Which Is Better? 
Term and Whole Life insurance both have their place , and in their proper place each could be said to be the better choice . However that said , especially for a younger , healthy person , a Whole Life policy with a Mutual insurance company is by far the most useful , hence wisest choice . There are so many more advantages with Whole Life including the ability to become your own personal bank that in my opinion the only time one would want to purchase a Term policy is if they already had a significant whole life policy and they just want to insure a large purchase like real estate in a way that it would n't imapre their full use of their whole life policy . 