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Is Term Life Worth It?

October 11, 2011

Term Life insurance is temporary, and it ends at a pre-determined term. Cash is paid-out from a term life policy only if the person covered passes away during the term (or if they have special riders like Return of Premium). So why should you invest in Term Life Insurance? Is it really worth it?

Yes. Yes it is.

Term Life vs. Whole Life

This guy ponders if dying during his life insurance term is worth it to have the policy pay out. How silly...

BUT WAIT-you say; term life doesn’t build cash value like a Whole Life policy does. So, if I don’t die, it’s kind of not worth it, right?

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