: Costs more because it provides lifelong coverage and includes a "cash value" component that grows at a modest, guaranteed rate.
: Set up an automatic transfer of that "difference" into a brokerage account or tax-advantaged retirement account (like a Roth IRA or 401k). buy term invest the difference
The goal is to provide death benefit protection while your family needs it (e.g., while raising kids or paying a mortgage) while building a "side fund" that ideally grows large enough to let you once the term expires. Core Comparison : Costs more because it provides lifelong coverage