as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
what kind of life insurance is cheaper? i'm not sure about term vs. whole vs. universal, etc
user
tl;dr: only term is pure insurance and is the cheapest.  the rest are mixtures of insurance and savings/investment.  typically the mixtures are not as efficient as doing it yourself, except that there can be tax advantages as well as the ability to borrow from your policy in some cases.
assistant