In class, we discussed three different types of life insurance: term, whole, and universal. Based on the information that we learned in the class, answer the following questions:

1) Which type of life insurance would you choose and why?

2) At what point do you believe one should purchase a life insurance policy?

3) What are the pros and cons of the policy that you chose? List three of each.

After your initial post is submitted, you are to respond to at least two of your other classmates and provide insight to their pros and cons? Do you agree? What can you add to their list?