Is Term Life Insurance Better Than Permanent? 
Term and permanent insurance meet different needs . A permanent policy is designed to pay a death benefit regardless of when it occurs . A term policy provides a death benefit for a predetermined period of time . If you look at a mortality curve you will see that most people die later in life . Since few term policies pay a death benefit you could say that they are usually all cost . Since most whole life policies do pay a death benefit or cash benefit you could say that they are actually less expensive . 