What is the difference between whole life and term life insurance policies?

My husband wants to take out an insurance policy on himself for our family due to the fact that he is the primary source of income. We have been researching life insurance policies..what is the difference between whole and term life? My husband is 8 years older than me so he wants to make sure that myself and our children are taken care of in the event of his death.

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This entry was posted on Tuesday, July 6th, 2010 at 1:30 am and is filed under Insurance Tips. You can leave a response, or trackback from your own site.

 

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