Originally Posted by Spider

Good advice above. A wise man once told me that the difference between term insurance and whole life (investment) insurance is that with term, you go to Hawaii; with whole life, your insurance agent goes to Hawaii.

A good, cheap way to buy term life insurance is Savings Bank Life Insurance. I did this awhile ago when I needed to provide for my daughter, then dropped it when it was no longer needed. I don't know if it's still available, but it was a good deal then.