Based on your answers, Term Life Insurance is currently a better fit for your situation.

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This usually means one or more of these are true:

• You want high coverage with a lower monthly budget

• You mainly need protection for a specific period (mortgage, kids growing up, income replacement)

• You’re not focused (yet) on building tax-free cash value or lifetime coverage

Term insurance is great for:

• Protecting your family if something happens to you while you’re still working

• Making sure your mortgage and debts are covered

• Providing income replacement for your spouse and kids

💡 Later, you can still add an IUL or permanent plan to build tax-free savings and lifetime protection. Term is often a great first step.