Can't Afford Your Life Insurance Premiums? 3 Options to Look At

Can't Afford Your Life Insurance Premiums? 3 Options to Look At

If you currently have a whole life policy you're struggling to afford, you may want to swap it for term life instead. The benefit of whole life insurance is getting coverage for the rest of your life. Term life insurance only covers you for a preset period of life, and it doesn't accrue a cash value like whole life insurance does.