Should I Take A 15 Years Term Life Insurance? 
If you understand the `` present value '' of a dollar vs. `` future value '' of a dollar then you realize that when you are working with a policy that says you pay this premium for X years then you do not have to pay the premiums for years 10-13 or what ever , they are simply having you pay inflated costs today so that you are prepaying those costs today . What is your objective ? Is it short term or long term ? If it is short term then buy a term policy from a reputable company . If it is long term then buy a whole life policy from a reputable company that has a history of delivering the rates they quote . 