Term vs Life Insurance

[globe]

记得以前大家讨论过Term Insurance and Life Insurance的利弊，但是现在怎么也找不到那个帖子了。希望能再次听到大家的建议。

同时：
1. 对于Life Insurance, 大家知道那些公司比较好?

2. 如果要买投资和Life Insurance二和一的产品， 那些公司比较好？

Thanks.

 

[fred&emma]

With the same coverage, there are following differences as far as I know:
-Premium
Term > low, will fluctuate every 5 or 10 years (depends on it's 5 year or 10 year renewable)
Life > high, fixed price

-Expire date
Term > have an end date which means the insurance will be ended by that date
Life > as long as the life insured is alive

-Value
Term > doesn't accumulate value in the policy which means if you want to cancel the policy, there won't be any cash value
Life > accumulate cash value, so there usually will be cash surrender value when you decide to cancel the policy.