If you invest the difference in the cost of term insurance and that of another type of policy,you will always be ahead financially.

Question

Quizplus · Accepted Answer

Term insurance is typically the most affordable option for life insurance coverage, whereas other types of policies such as whole life or universal life can be much more expensive. By investing the difference in cost between term insurance and another policy, you can potentially earn a greater return on your money and come out ahead financially in the long run. However, it's important to note that investing always carries some level of risk and there is no guarantee of earning a positive return.

If You Invest the Difference in the Cost of Term