Guide
Term vs. permanent life insurance
What each kind is for, what it costs, and why most families start with term.
Term coverage pays a set amount to your beneficiaries if you pass away within a specified window (ten, twenty, thirty years, etc.), then ends.
Permanent coverage (whole, universal, variable universal and other variants) builds a cash reserve, costs much more per month, and does not end.
How to choose
Begin with the need itself rather than picking a product first. If that need will end (like a twenty-year mortgage), a term policy timed to match makes sense.
What people in Yucaipa often do
A popular option is getting a twenty- or thirty-year term sized to what your household actually needs—mortgage, kids, and income replaced for the period of greatest vulnerability.