#72: There are two primary types of Life Insurance: Whole Life (permanent) and Term Life (temporary). While I can not make a blanket statement to say you should do one and never buy the other, there are a lot arguments that can be made to show that Term Life is the better answer for the general population - and I have the math to prove it! For more information, visit https://moneyplansos.com/sos072-the-math-behind-whole-life-and-term-insurance/