Imagine that you are a parent with young children. You want to get life insurance covering your children's lives until they are old enough to produce their own incomes and buy their own insurance. Would term life insurance or permanent life insurance be a better choice in this situation? Why?

Answer rating: 100% (QA)

As a parent with young children the primary purpose of obtaining life insurance for your children is to provide financial protection and support in th... View the full answer