The best kind of life insurance to purchase is what works best for your particular need.
If you have a short term need (e.g. providing for your children if you were not alive), a term policy would give you the most protection for the lowest cost.
On the other hand, if you want the life insurance to pay for your funeral, you would want permanent life insurance so that the policy is in effect when you pass.
Sometimes buying two policies is most cost effective. A good life insurance agent will help you figure this out.
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If you have a short term need (e.g. providing for your children if you were not alive), a term policy would give you the most protection for the lowest cost.
On the other hand, if you want the life insurance to pay for your funeral, you would want permanent life insurance so that the policy is in effect when you pass.
Sometimes buying two policies is most cost effective. A good life insurance agent will help you figure this out.