Term vs Whole Life Insurance: Which One Actually Fits Your Situation

Canadian couple reviewing documents together at home, illustrating the term vs whole life insurance decision

Almost every client who brings me this question has already been told the wrong version of the answer by someone with an incentive to sell them one or the other. Term life insurance covers you for a fixed period, usually 10, 20, or 30 years, at a much lower initial cost, and it's worth nothing […]