Term life insurance is considerably less expensive than whole life insurance. You can get a term life insurance quote from a number of different providers in just a few minutes to see what type of rates are available. Term life insurance will be far less expensive than life insurance but it has an expiration date, once you reach the end of the term the policy expires. Whole life insurance will be a lot more expensive than term life insurance but unlike a term life plan, whole life insurance will never expire.