A: Term life insurance provides coverage for a specific term, usually 10, 20, or 30 years, and pays a death benefit if the policyholder passes away during that term. Whole life insurance, on the other hand, covers the insured for their entire life and includes a cash value component that grows over time.

A: When choosing a life insurance policy, consider factors such as your financial goals, the amount of coverage you need, your budget, and the length of coverage. Term life insurance may be more affordable, while whole life insurance offers lifelong coverage and a cash value component.

A: Long-term care insurance helps cover the costs of care for individuals who can't perform certain activities of daily living or require assistance due to chronic illness or disability. It can cover in-home care, assisted living, and nursing home care. Individuals who want to protect their assets and have a plan for potential long-term care expenses should consider long-term care insurance. Remember that answers may vary based on specific insurance policies, regulations, and individual circumstances, so it's crucial to provide personalized advice based on the client's needs and situation.