There are two categories into which all Life Insurance products fall: Temporary and Permanent. In general, term products are classified as temporary insurance, while whole life and universal life products are classified as permanent.

It is important to understand how these different types of policies work when you wish to purchase the best type of Insurance.

Today on Wealth Talks, Tom and John break down how different policies perform so you can see what type of insurance is the best to own.

Listen Now.