{"id":12734,"date":"2025-01-07T15:42:09","date_gmt":"2025-01-07T07:42:09","guid":{"rendered":"https:\/\/newcorpdemo-uat.cntaiping.sg\/?post_type=financial-articles&#038;p=12734"},"modified":"2025-04-10T15:46:48","modified_gmt":"2025-04-10T07:46:48","slug":"whole-life-insurance-or-term-insurance","status":"publish","type":"financial-articles","link":"https:\/\/www.sg.cntaiping.com\/en\/financial-articles\/whole-life-insurance-or-term-insurance\/","title":{"rendered":"Which To Choose: Whole Life Insurance or Term Insurance?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"12734\" class=\"elementor elementor-12734\" data-elementor-post-type=\"financial-articles\">\n\t\t\t\t<div class=\"has_eae_slider elementor-element elementor-element-9d01f2f e-flex e-con-boxed e-con e-parent\" data-id=\"9d01f2f\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e1b9832 elementor-widget elementor-widget-text-editor\" data-id=\"e1b9832\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<a class=\"txt-link\" href=\"\/en\/personal\/life\/whole-life\/\" target=\"_blank\" rel=\"noopener\">Whole life insurance<\/a> plans while promising excellent permanent coverage for the rest of your life, they are significantly pricier than term insurance plans. Hence, some individuals may misunderstand the significance of having whole life coverage and choose term life insurance as their key coverage policy.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8eff3f8 elementor-widget elementor-widget-text-editor\" data-id=\"8eff3f8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tIn this article, we list the difference between these two types of insurance plans and also address the reasons that some individuals choose to purchase whole life insurance plans.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b80488a elementor-widget elementor-widget-heading\" data-id=\"b80488a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What Are The Key Differences Between Whole Life Insurance and Term Insurance Plans?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-739d36c elementor-widget elementor-widget-heading\" data-id=\"739d36c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Policy Duration<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f908c12 elementor-widget elementor-widget-text-editor\" data-id=\"f908c12\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tWhole life insurance, as the name goes, provides the policyholder with lifetime coverage. Most whole life insurance policies cover unfortunate circumstances such as Death, Total and Permanent Disabilities, with some providing specific protection against critical illnesses.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-de680e6 elementor-widget elementor-widget-text-editor\" data-id=\"de680e6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tTerm insurance provides similar coverage as whole life insurance but for a specific period of time, for example, 10, 15, 20 years or until age 60, 65 or 70.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3a6f52f elementor-widget elementor-widget-heading\" data-id=\"3a6f52f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Policy Functions<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6fcf294 elementor-widget elementor-widget-text-editor\" data-id=\"6fcf294\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tWhole life insurance has the protection and saving functions whereby it includes both non-guaranteed and guaranteed cash value. In the unfortunate event of death, the plan will pay out a lump sum. As the policy also accumulates cash value over time, the policyholder may access the cash value when needed for rainy dates. For term insurance plans, it does not have any cash value but it pays a lump sum when covered events happen during the policy term. China Taiping SG provides some of the best whole life and term insurance plans for you and your family.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b54f4a elementor-widget elementor-widget-text-editor\" data-id=\"2b54f4a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul>\n \t<li><a class=\"txt-link\" href=\"\/en\/i-secure-legacy-ii\/\" target=\"_blank\" rel=\"noopener\">i-Secure Legacy (II)<\/a> : The only whole life protection plan that provides you with a lifetime Guaranteed Benefit for Death and Critical Illnesses.<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-64de3b8 elementor-widget elementor-widget-text-editor\" data-id=\"64de3b8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul>\n \t<li><a class=\"txt-link\" href=\"\/en\/404-page\/\" target=\"_blank\" rel=\"noopener\">Infinite Harvest (III)<\/a> : Whole life legacy plan that provides you a lifetime of passive income for future generations or to supplement your lifestyle.<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dd9fe18 elementor-widget elementor-widget-text-editor\" data-id=\"dd9fe18\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul>\n \t<li><a class=\"txt-link\" href=\"\/en\/personal\/infinite-series\/infinite-legacy-2\/\" target=\"_blank\" rel=\"noopener\">Infinite Legacy (II)<\/a> : A whole life plan which offers up to 3.5x immediate high coverage against Death and Terminal Illness.<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd5120c elementor-widget elementor-widget-text-editor\" data-id=\"cd5120c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul>\n \t<li><a class=\"txt-link\" href=\"\/en\/i-protect\/\" target=\"_blank\" rel=\"noopener\">i-Protect<\/a> : A term insurance for maximum protection with an affordable premium.<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-945adbe elementor-widget elementor-widget-heading\" data-id=\"945adbe\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Five Key Reasons Why Whole Life Insurance Is Best For Those With Stable Financial Resources<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e6efab2 elementor-widget elementor-widget-heading\" data-id=\"e6efab2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">1. Provides You Lifetime Coverage For Peace Of Mind<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2e1e8b0 elementor-widget elementor-widget-text-editor\" data-id=\"2e1e8b0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tThe key benefit of whole life insurance is ensuring adequate lifetime coverage. Term insurance plans cover only a specific period of time and your coverage ends when the policy term is over or when you stop contributing your premiums. In addition, it would also be more challenging to renew your term insurance plan if you, unfortunately, develop certain medical conditions before renewal.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-92ff3f4 elementor-widget elementor-widget-heading\" data-id=\"92ff3f4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">2. Accumulated Cash Value<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-12e285a elementor-widget elementor-widget-text-editor\" data-id=\"12e285a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tThe premiums you contribute for term insurance does not go back to your pocket. In contrast, whole life insurance plans accumulate cash value. The accumulated cash value depends on how long you hold on to the insurance plan with the effect of compounding interest.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c9295a elementor-widget elementor-widget-text-editor\" data-id=\"3c9295a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tThe accumulated cash value can supplement your <a class=\"txt-link\" href=\"\/en\/financial-articles\/retirement-planning-article\/\" target=\"_blank\" rel=\"noopener\">retirement plans<\/a>, allowing you to live the lifestyle you like or even leave a legacy for your children and grandchildren on top of your <a class=\"txt-link\" href=\"\/en\/personal\/wealth\/retirement\/\" target=\"_blank\" rel=\"noopener\">retirement insurance<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f24c9d8 elementor-widget elementor-widget-heading\" data-id=\"f24c9d8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">3. Premium Payment Options<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6bb5ad2 elementor-widget elementor-widget-text-editor\" data-id=\"6bb5ad2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tWhole life insurance plans often offer options for premium payment terms to suit your financial needs. What it means is that you can pay premiums for a selected period and get protected for a lifetime.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e4399ee elementor-widget elementor-widget-text-editor\" data-id=\"e4399ee\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tA shorter premium payment term enables the policyholder to complete his\/her premium commitment earlier, perhaps when one is still working and earning income.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b6899ab elementor-widget elementor-widget-text-editor\" data-id=\"b6899ab\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tFor example, China Taiping SG\u2019s i-Secure Legacy allows policyholders to choose paying their premium over 5, 10, 15, 20, or 25 years. If you choose the 10 years option, you are paying your premiums over a 10-year period for lifetime coverage.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-613c669 elementor-widget elementor-widget-heading\" data-id=\"613c669\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">4. Boosting Your Coverage With Multipliers<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d2fdc20 elementor-widget elementor-widget-text-editor\" data-id=\"d2fdc20\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tSome whole life insurance plans introduce multipliers to boost the coverage. China Taiping SG\u2019s i-Secure Legacy can secure you with up to 4x high coverage against Death, Terminal Illness and Total &amp; Permanent Disability for life and up to 161 medical conditions \u2013 giving you the utmost assurance when you need it.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3eeb954 elementor-widget elementor-widget-heading\" data-id=\"3eeb954\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">5. Extension Of Coverage With Riders<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ed219b4 elementor-widget elementor-widget-text-editor\" data-id=\"ed219b4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tYou may add on rider(s) to your term or whole life insurance plans to enhance your protection against critical illnesses. However, as term insurance only covers a limited period only, the attached rider will be expired when the term insurance ends. For whole life plans, the riders can last for a lifetime as well, providing you with comprehensive protection benefits.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b306d48 elementor-widget elementor-widget-text-editor\" data-id=\"b306d48\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tChina Taiping SG also provides premium waiver riders that will waive any future premiums should the payer is diagnosed with a critical illness. This ensures the protection for the children (life insured) remains intact should a parent (payer) suffer a critical illness.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-33c8df4 elementor-widget elementor-widget-heading\" data-id=\"33c8df4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Conclusion<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ad84da elementor-widget elementor-widget-text-editor\" data-id=\"6ad84da\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tIt is necessary to weigh what is important to you and how you plan to spend your money when deciding between whole life and term insurance plans. While term insurance is definitely the cheaper option, keep in mind that it protects and covers you for only a set period. You can always renew the policy but do note that premiums increases as you age. Whole life insurance costs more but it also comes with many benefits over term.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd790d7 elementor-widget elementor-widget-text-editor\" data-id=\"cd790d7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tFind out more about our <a class=\"txt-link\" href=\"\/en\/personal\/life\/whole-life\/\" target=\"_blank\" rel=\"noopener\">whole life insurance<\/a> or <a class=\"txt-link\" href=\"\/en\/personal\/life\/term\/\" target=\"_blank\" rel=\"noopener\">term insurance<\/a> plans or speak to your preferred Financial Adviser Representative.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Whole life insurance plans while promising excellent permanent coverage for the rest of your life, they are significantly pricier than term insurance plans. Hence, some individuals may misunderstand the significance of having whole life coverage and choose term life insurance as their key coverage policy.In this article, we list the difference between these two types [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"parent":0,"menu_order":0,"template":"elementor_theme","meta":{"_acf_changed":false,"ocean_post_layout":"full-width","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"0","ocean_second_sidebar":"0","ocean_disable_margins":"on","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"0","ocean_custom_header_template":"0","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"0","ocean_menu_typo_font_family":"0","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"0","_links_to":"","_links_to_target":""},"class_list":["post-12734","financial-articles","type-financial-articles","status-publish","hentry","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Which To Choose: Whole Life Insurance or Term Insurance?<\/title>\n<meta name=\"description\" content=\"Understand whole life insurance and term insurance, how they can benefit you, and the key differences between whole life and term insurance plans.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sg.cntaiping.com\/en\/financial-articles\/whole-life-insurance-or-term-insurance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which To Choose: Whole Life Insurance or Term Insurance?\" \/>\n<meta property=\"og:description\" content=\"Understand whole life insurance and term insurance, how they can benefit you, and the key differences between whole life and term insurance plans.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.sg.cntaiping.com\/en\/financial-articles\/whole-life-insurance-or-term-insurance\/\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-10T07:46:48+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.sg.cntaiping.com\/en\/financial-articles\/whole-life-insurance-or-term-insurance\/\",\"url\":\"https:\/\/www.sg.cntaiping.com\/en\/financial-articles\/whole-life-insurance-or-term-insurance\/\",\"name\":\"Which To Choose: Whole Life Insurance or Term Insurance?\",\"isPartOf\":{\"@id\":\"https:\/\/www.sg.cntaiping.com\/en\/#website\"},\"datePublished\":\"2025-01-07T07:42:09+00:00\",\"dateModified\":\"2025-04-10T07:46:48+00:00\",\"description\":\"Understand whole life insurance and term insurance, how they can benefit you, and the key differences between whole life and term insurance plans.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.sg.cntaiping.com\/en\/financial-articles\/whole-life-insurance-or-term-insurance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.sg.cntaiping.com\/en\/financial-articles\/whole-life-insurance-or-term-insurance\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.sg.cntaiping.com\/en\/financial-articles\/whole-life-insurance-or-term-insurance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.sg.cntaiping.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Financial Tips Articles\",\"item\":\"https:\/\/www.sg.cntaiping.com\/en\/financial-articles\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Which To Choose: Whole Life Insurance or Term Insurance?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.sg.cntaiping.com\/en\/#website\",\"url\":\"https:\/\/www.sg.cntaiping.com\/en\/\",\"name\":\"\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.sg.cntaiping.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Which To Choose: Whole Life Insurance or Term Insurance?","description":"Understand whole life insurance and term insurance, how they can benefit you, and the key differences between whole life and term insurance plans.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.sg.cntaiping.com\/en\/financial-articles\/whole-life-insurance-or-term-insurance\/","og_locale":"en_US","og_type":"article","og_title":"Which To Choose: Whole Life Insurance or Term Insurance?","og_description":"Understand whole life insurance and term insurance, how they can benefit you, and the key differences between whole life and term insurance plans.","og_url":"https:\/\/www.sg.cntaiping.com\/en\/financial-articles\/whole-life-insurance-or-term-insurance\/","article_modified_time":"2025-04-10T07:46:48+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.sg.cntaiping.com\/en\/financial-articles\/whole-life-insurance-or-term-insurance\/","url":"https:\/\/www.sg.cntaiping.com\/en\/financial-articles\/whole-life-insurance-or-term-insurance\/","name":"Which To Choose: Whole Life Insurance or Term Insurance?","isPartOf":{"@id":"https:\/\/www.sg.cntaiping.com\/en\/#website"},"datePublished":"2025-01-07T07:42:09+00:00","dateModified":"2025-04-10T07:46:48+00:00","description":"Understand whole life insurance and term insurance, how they can benefit you, and the key differences between whole life and term insurance plans.","breadcrumb":{"@id":"https:\/\/www.sg.cntaiping.com\/en\/financial-articles\/whole-life-insurance-or-term-insurance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.sg.cntaiping.com\/en\/financial-articles\/whole-life-insurance-or-term-insurance\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.sg.cntaiping.com\/en\/financial-articles\/whole-life-insurance-or-term-insurance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.sg.cntaiping.com\/en\/"},{"@type":"ListItem","position":2,"name":"Financial Tips Articles","item":"https:\/\/www.sg.cntaiping.com\/en\/financial-articles\/"},{"@type":"ListItem","position":3,"name":"Which To Choose: Whole Life Insurance or Term Insurance?"}]},{"@type":"WebSite","@id":"https:\/\/www.sg.cntaiping.com\/en\/#website","url":"https:\/\/www.sg.cntaiping.com\/en\/","name":"","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.sg.cntaiping.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.sg.cntaiping.com\/en\/wp-json\/wp\/v2\/financial-articles\/12734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sg.cntaiping.com\/en\/wp-json\/wp\/v2\/financial-articles"}],"about":[{"href":"https:\/\/www.sg.cntaiping.com\/en\/wp-json\/wp\/v2\/types\/financial-articles"}],"author":[{"embeddable":true,"href":"https:\/\/www.sg.cntaiping.com\/en\/wp-json\/wp\/v2\/users\/10"}],"version-history":[{"count":53,"href":"https:\/\/www.sg.cntaiping.com\/en\/wp-json\/wp\/v2\/financial-articles\/12734\/revisions"}],"predecessor-version":[{"id":33461,"href":"https:\/\/www.sg.cntaiping.com\/en\/wp-json\/wp\/v2\/financial-articles\/12734\/revisions\/33461"}],"wp:attachment":[{"href":"https:\/\/www.sg.cntaiping.com\/en\/wp-json\/wp\/v2\/media?parent=12734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}