When Is Whole Life Insurance Better Than Term? 
When is whole life better than term ? When insuring the time coverage is needed goes beyond 20 years or so . Term is short for temporary coverage . Term works best when you know your end date and know you will not need coverage beyond a certain date . Term is really not a plan when there is no known end date for the need . Whole life is best for long term needs and for those who really are n't sure how long they may need coverage beyond 20 years or so . 