Which is better: term or whole Life? Term Whole Policy amount $ $ Current premium amount $ $ Premium payments per year Premium increase per renewal % Policy term (years) Average yearly dividend $ Claiming the whole life's cash value Years until you claim cash value Cash value at that time $ Your whole life dividend income is Applied toward future premiums Invested elsewhere at a rate of% Spent Personal information Current age Years until your death Your savings rate % Your state + federal tax rate %