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   %