Any dividends you receive that exceed the total amount of premiums paid on your policy are considered taxable. (trustedchoice.com)
When comparing total amount of premium paid for short period, term insurance would be less whereas whole life insurance would be high. (ampminsure.org)
In most cases, an insurance company will usually charge a low amount of premium for term life insurance — especially during the first several years that the policy is in force. (bestlifequote.com)