This post is a follow-up to last week’s post about term insurance. In that post, I mentioned that term is almost always a better option than Whole Life insurance. Today, you’re going to find out why, because I’m going to share 6 reasons (among many others) that Whole Life insurance is almost always garbage.

Life insurance is boring, right? Well… yeah ok, you got me there. But it’s also really important; having insurance can literally mean the different between your family being ok, and them being on the street if you were to pass away unexpectedly. One of the most popular – and most useful – types of insurance policies out there is called Term Life Insurance. So what is it, and why should you care?