Whole life vs term insurance, what is the difference? I am in my twenties and I am looking into life insurance, but I am confused as to what my options are. Could you please explain the pros and cons of whole life insurance and the pros and cons of term life insurance. I live in California, I am married with a one year old, and we bring home after taxes $5000 a month. Much thanks! http://www.financeanswers.com FinanceAnswers 2010 First off, congrats on your choice to learn about life insurance and make that investment. Once there is a wife and child relying on you, life insurance becomes very important. Congratulations as well on your desire to learn about these things rath http://www.financeanswers.com/financial-advice/whole-life-vs-term-insurance-what-is-the-difference Mon, 09 Nov 2009 17:06:11 -0600