Make Money with Term Life

-- Pushpa Sathish, Staff Writer

Term life is more affordable than all other forms of insurance – we all know that. People choose to go with a term life when they need protection for a certain period of time, when kids are in school or when you’re newly married and need insurance to tide you through tough times. Term life does not offer you a return on your investment, your money is not returned at the end of the term.

But here’s how you can actually make some money by investing in a term life policy – pay the low premiums and invest the rest of the amount (that you would have spent on a whole life premium). Insurance companies are conservative investors, so a whole life will probably return you less than your own investment.