If you're just looking to add coverage similar to what you have through work and be able to provide for your children until they become adults, then term is probably more appropriate. Just pick a term that is appropriate.
Whole life would be for people with more complicated situations - estate planning, tax planning, planning for long term care, etc. But for pure insurance purposes, whole life is very, very expensive. It's just sold very heavily because the commissions are very high so lots of people end up with whole life didn't really need it.
Shop it around, most major insurance companies have good policies. But each tends to do better in certain niches so you may get very different rates from very similar companies for the same coverage.
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Originally Posted by SpacegrayMe90
Thanks guys. Next decision is determining which is better for me whole life insurance vs term.
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