Life Insurance Comparison Chart

Graph - Life Insurance Comparison Graph

You can see from the chart that term life insurance is cheaper than whole of life assurance.

This is to be expected as for term life insurance there is always a chance that the insurance company won’t have to pay out because the life assured outlives the term; but for whole of life insurance provided the premiums are maintained the insurance company will always have to pay-out as death is inevitable eventually.

Graph For Life Insurance Comparison Graph