Individual Life Insurance

Whole life insurance offers lifetime coverage and includes a cash value component that grows over time. It is often used as a financial planning tool for long-term needs.

Term life insurance provides coverage for a specific period, such as 10, 20, or 30 years. It is generally more affordable than whole life insurance and is designed to provide financial protection during key life stages.

Choosing between term and whole life insurance depends on your financial goals, budget, and coverage needs. Term life is ideal for temporary needs, while whole life is better for lifelong protection and cash value accumulation.