Fidelity Term Vs Whole

When it comes to Fidelity term vs whole term vs whole, the right choice depends on your unique circumstances. Term life insurance offers affordable coverage for a set period of time, while whole life policies provide lifetime protection and can build tax-deferred cash value. You can also change the amount of coverage you purchase and your premium over time, helping to meet your family’s financial needs as they evolve.

Fidelity Term vs Whole Life Insurance: Which One Is Right for You?

USAA also offers accidental death and dismemberment (AD&D) insurance, which pays out a lump-sum benefit in the event of an accident that causes severe injuries like the loss of a limb or eyesight. This type of rider is a valuable addition to any life insurance policy and can help offset the costs of some medical bills or lost wages.

Whole life policies typically cost more than term life insurance, however. To help you decide whether whole or term is a better fit, we analyze the pros and cons of each type of policy in this article.

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