Choosing between Term and Permanent Life Insurance depends on your goals and stage in life.
πΉ Term Life Insurance is great if you want affordable coverage for a specific period β like while paying off a mortgage, raising children, or replacing income during your working years. Itβs simple, budget-friendly protection when you need it most.
πΈ Permanent Life Insurance provides lifelong coverage and can build cash value over time. Itβs often used for legacy planning, covering final expenses, or creating tax-advantaged savings you can use later in life.
If you donβt currently have life insurance, ask yourself: Which type makes the most sense for your goals and budget β term or permanent?
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