Difference

Term life insurance is fairly straight forward. Least expensive, flexbile. Coverage stops anytime when you stop paying.

Return premium term life insurance requires you stick to your full term , say 20 or 30 years. If you decide to cancel it before the term expires, there is no return for the premium you have paid. It is less flexbile since you paid more and lost more premium in this case.

The odds of your term insurance get redeemed is So you have a good chance of being alive after 30 years. That means most likely, your term insurance $ got wasted. For the later case, you sacrifice a little interest for your protection, it is not a bad deal. But there are better options.

Where do you reside and send me QQH of your email address if you want more explanation and help.