Term Life is exactly as it sounds, it is life insurance for a designated term, typically 10-30 years. While, Whole Life is insurance that will last the entirety of your life, your whole life.

All policies are underwritten based on the needs of the individual and family. There are numerous factors that help to determine the premiums, for example, your gender, age, location, health, coverage amount, all play a part in determining the cost.

Riders are like an add-on. These are additional benefits that you can add to customize your policy. The most common include guaranteed insurability, accidental death, waiver of premium, family income benefit, accelerated death benefit, child term, long-term care, and return of premium riders.