Can anyone answer what they think of term life insurance how it is beneficial from other life insurance products?

Term life insurance is beneficial in several ways: 1. Flexible - offering terms of coverage for 10, 15, 20, or 30 years. 2. Affordable - permanent life insurance may cost 2-3 times more than term life insurance. 3. Easy-to-Understand - Term life is temporary life insurance for 1-30 years. If you outlive your policy term, your life insurance coverage ends, It builds no cash value, it is pure protection. Usually provides the maximum amount of life insurance at the lowest price. Term life policies are usually more popular because of the low premiums and high insurance coverage. In terms of being "beneficial" it all depends on the individual. Many people choose term life policies simply as a means of protection against the death of an earning member. This kind of policy helps to offset loans, mortgages, or ensure a college fund for kids, etc. through high death benefits. For many people, whole life policies are far too expensive, and thus a term policy suits their needs in their current situation. A helpful guide is Term vs. Whole Life Insurance.