Insurance can often seem like a high-stakes game of chess. There are many pieces on the board, each with its own capabilities, and making the right move is vital. In this game, two key pieces often dominate the board for seniors – term life insurance and whole life insurance. Each offers its unique strengths and can cater to different situations and needs. In this article, we aim to decode the complexities, compare the costs, and highlight the suitability of term and whole-life insurance for seniors. Let’s set the pieces in motion. Term and Whole Life Insurance Compared Term and whole