Term vs. Whole Life Calculator
See what the premium gap between term and whole life could grow to if you invested it instead.
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How it works
"Buy term and invest the difference" is the classic argument for term life. This tool puts a number on it by growing the annual premium gap at an assumed return, so you can weigh it against the guarantees and cash value of whole life.
Frequently asked questions
Does this account for whole-life cash value?
No — it isolates the premium difference and its growth potential. Whole life builds cash value and is permanent, which has real value this simple comparison does not capture.
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