Skip Navigation
Tue Sep 02, 2014
 
Army OneSource
Army OneSource
Army OneSource
Commander's Page Online Training
Volunteer Tools ARMYBook
My AOS Page Services Locator

Question & Answer Service Providers

Click on a Service Provider or Reference below for more information.

What is the difference between whole and term life insurance?  
Term insurance is designed to meet temporary needs and provides protection for a specific period of time, generally paying a benefit only if you die during that period of time. Term insurance is used to provide coverage of expenses that will disappear at a specific time. For example, you may only need coverage until your children graduate college or until your mortgage is paid off. Whole-Life (or permanent) insurance provides lifelong protection. The full-face amount of the policy is paid upon the insured individual’s death. Permanent life insurance accumulates cash on a tax-deferred basis, and that value can be used to supplement your retirement income or help provide for a child's education.
Keywords: Financial Protection, Death Benefit

Question & Answer Service Providers  
Service ProviderReferenceMeans of Delivery
Civilian Personnel Office
Human Resources
Military Personnel Office

Full Website
This site may not be optimized
for a mobile browsing experience.
OK
Please don't show me this again: