Life Insurance - Term vs. Whole Life
I am turning 30 years old in several weeks and expecting first baby at the end of October. At this stage of life, I've been thinking about life insurance, but have very little knowledge in the subject. Life insurance is not the most exciting investment when you are in your 20's; although I am questioning the how smart it was to wait to look into the subject.
Can anyone help me with the benefits of term vs. whole life? What are the things I need to think about when picking provider and discuss some providers who people had good experiences using?