Term vs. Whole Life Insurance: Pros and Cons Explained | Fidelity Life
https://fidelitylife.com/life-insurance-basics/term-life-insurance-101/term-vs-whole-life-pros-and-cons/
Jan 3, 2024 · $500 in whole life insurance for the same individual would cost an average of $4,652 per year, or $387.67 per month. That means an entire year’s worth of premiums for a term life insurance policy could be less expensive than a single month’s premium for a whole life insurance policy. Flexibility in policy duration.
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