Some people like the investment or savings features offered by permanent policies, but can not afford the higher premiums of whole or universal life insurance. (mylifeinsurancequotes123.com)
In my experience, most people who buy a term life insurance policy do it because they could not afford the higher premium of a permanent policy. (insureinminutes.com)
You may not be able to afford the higher premiums early in your career, but have dependents that would be impacted if you passed. (valuepenguin.com)