Guide
Term vs. permanent life insurance
What each kind is for, what it costs, and why most families start with term.
Term life provides a set death benefit if you pass during a specified period: 10, 15, 20, 25 or 30 years are common.
Permanent life policies (whole life, universal life and similar products) are structured to remain in effect for your whole life, not just a term.
How to choose
Start with what you need to protect, not with product types. If that need will end—such as when a mortgage is paid off—a term product fits that timeframe.
What people in Yorba Linda often do
A practical option is a 20- or 30-year term policy matched to your household's liabilities, updated as circumstances change.