#huntleywealth just came out with a “Buy term (and invest the rest) vs. whole life” calculator". It calculates term and whole life premiums to show the difference over 10, 20 and 30 years from an investment standpoint. The ultimate message is “buy term and invest the rest” is the better deal 95% of the time. http://www.insuranceblogbychris.com/term-vs-whole-life-insurance-comparison-calculator/
So you’re considering a level term life insurance policy? One of the major questions you should ask yourself is: how long of a term plan should you buy? And more importantly, what happens when the term expires?