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Term vs Whole Life Insurance Compare
See the 2026 annual premium gap between level term and whole life for your age, gender, health class, coverage, and term. Find out which structure fits your need.
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Which should you choose?
- Term fits: covering a mortgage, raising kids, or replacing income for a fixed number of years — you get the most death benefit per premium dollar.
- Whole fits: permanent estate/legacy planning, business succession, or lifelong dependents (e.g., a special-needs trust) where coverage must never lapse.
- Hybrid: many buy term for the need and invest the difference — but only if you actually invest it.