In this episode, Scott & Nikita discuss at a high level what the differences are between "Term" and "Whole" Life Insurance policies.

This episode covers:

• Larger-scale differences
• Who might benefit from Whole Life Insurance
• The premium differences between "Term" & "Whole"
• Why most of our students are better suited for "Term Life Insurance" policies 
• How "Whole Life Insurance" builds in an investing component 

Our recommendation is to consult with a "fee-only" advisor if you are looking for personalized guidance on this, since they would not be earning commissions on what they sell to you.