For example, a healthy 40-year-old might pay around $30 to $50 a month for a $250,000, 20-year term policy, but several hundred dollars a month for the same face amount in whole life coverage.
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Call (844) 658-4509The higher cost reflects the certainty of a payout and the added savings component — whether that tradeoff makes sense depends on whether you need coverage for a limited time or for the rest of your life.