Term vs. Whole Life Insurance: What’s the Difference?
In the epic showdown between life's two great insurances, term and whole, who wins?
George Kamel
Jeff Zander
Jeff Zander is an industry innovator with more than 40 years of experience helping customers understand insurance. As the CEO of Zander Insurance and a Certified Insurance Counselor, he’s worked for decades to broaden awareness regarding the importance of insurance and has devoted his career to helping clients shop for the best products across all lines of coverage, including term life, disability, home, auto, health, employee benefits, business insurance and more
Jeff’s friendship with Dave Ramsey goes back 25 years, and that relationship led him to become Dave’s agent in the late 1990s. Shortly after, Zander became a national advertiser on The Ramsey Show—a catalyst that helped them expand into a national insurance agency that has faithfully guided Ramsey fans across the country to solutions that protect their families from all types of risk. The debt-free agency, based in Nashville, Tennessee, is continuously recognized by a vast array of insurance companies across the industry as an elite organization based on its service principles, making it one of the most awarded agencies in the country. Today, Zander remains the only company Dave recommends for all your term life, disability and identity theft protection needs. They’re RamseyTrusted because they’ve proven they’ll do whatever it takes to help you win.
Reviewed by Jeff Zander
George Kamel
The Main Types of Life Insurance, Explained
Let’s learn about the main types of life insurance, with all the pros and cons, to help find the right one for you.
George Kamel
Indexed Universal Life Insurance (IUL), Explained
Indexed universal life insurance is a Frankenstein’s monster that tries to mix insurance with a gimmicky investment, but winds up harming you in both departments. Sound too bad to be true? It’s very real, and it’s best avoided at all costs.
George Kamel
5 Term Life Insurance Mistakes to Avoid
Thinking about getting a term life insurance policy? Do some prep work right here and find out how to avoid some common mistakes!
Ramsey Solutions
What Is Cash Value Life Insurance?
Cash value life insurance? What could be better than something with the word “cash” in it? A lot of things. Like, a lot. But don’t take our word for it—dig deep for yourself!
Ramsey Solutions
What Is Term Life Insurance?
You know you need life insurance but aren’t sure where to start. Don’t worry. We got your back! Learn why term life insurance is the best way to protect your family’s future.
George Kamel
What Is a Life Insurance Agent and Do You Need One?
Confused about what makes a good life insurance agent and if you even need one? Find out in our guide!
Ramsey Solutions
What Is Life Insurance Underwriting?
In the wide world of life insurance, there’s this complicated-sounding thing called underwriting that’s actually not so complicated at all. So, what in the world is it and why is it so important?
Ramsey Solutions
Is Life Insurance Taxable?
If you’re wondering, Is life insurance taxable? we’re going to talk through all the scenarios for this key protection—and the few times when taxes come into play.
Ramsey Solutions
Life Insurance With No Medical Exam
If you’ve ever thought, Ugh, I don’t like medical exams, this type of insurance should ease your mind and get you on a path to peace and security for your loved ones! Here’s what you need to know about getting life insurance with no medical exam.
George Kamel
How Much Life Insurance Do I Need?
The short answer to “How much life insurance do I need?” is: a policy worth 10–12 times your annual income. But there are a few more details that affect the final number. I’m going to give you an easy way to figure out how much life insurance you need.
George Kamel
Do I Need Life Insurance?
If you’re wondering about life insurance and whether you even need it, we’ve got the answers for you!
Ramsey Solutions
Self-Insurance: How It Works and When You Need It
Did you know you could be your own insurance provider by becoming self-insured? In some cases, self-insurance is smart! No more insurance premiums—just you, your savings and investments, and a whole lot of peace of mind.
Ramsey Solutions
Life Insurance for Kids
Life insurance marketers target your emotions when they try to sell you kids’ life insurance. It’s all based on a bunch of myths! Let’s explore (and debunk) those myths and talk about what you should do instead.
Ramsey Solutions
What to Do if You’re Denied Life Insurance
Have you hit a roadblock with your life insurance? Don’t give up! Here’s what to do and where to turn if you’re denied life insurance.
Ramsey Solutions
How to File a Life Insurance Claim
You lost someone you love—and filing a life insurance policy probably seems overwhelming. But it’s not a difficult process. It’s just a matter of following a few steps. We’ll show you how.
Ramsey Solutions
What Is Whole Life Insurance and How Does It Work?
We’re here to tell you all the stuff whole life insurance companies won’t. By the end of this article, you’ll see why term life insurance is always the best option.
Ramsey Solutions
What Is Supplemental Life Insurance?
Life insurance can seem a little confusing at first. But when you break it down, it’s simple! We’ll take you through the ins and outs of both group and supplemental life insurance. Then we’ll help you find the best way to get your life insurance needs covered.
Ramsey Solutions