Whole Life vs. Term Life: The Real Story Behind the Numbers

In this episode, Vaibhav Puranik shares the real story of how he chose between Whole Life and Term Life Insurance back in 2014—when he had a toddler at home and another baby on the way. Whole Life sounded impressive with its “cash value” and tax perks, but the numbers told a different story. He breaks down the key differences, what actually happens to cash value, how the tax treatment compares, and which option he ultimately chose.