Because it is permanent insurance and has a cash value buildup, you should use a whole life insurance policy as

Question

Question 17 options:

the base amount of your insurance to which you will add term policies or other insurance as needed.

the entire amount of your insurance protection.

very little of your insurance protection, since it is so expensive.

about a fourth of your insurance package along with term, universal, and variable insurance.

Answer 1

The best option among those you've provided would be:

the base amount of your insurance to which you will add term policies or other insurance as needed.

Whole life insurance offers permanent coverage and a cash value component, making it a good base policy for lifelong insurance needs. You can supplement it with term insurance or other types of policies to increase your total coverage, especially during periods when you need more insurance protection, while managing costs effectively.