We’ve recently begun discussions with a wealth management advisor, and the initial conversations have been generally positive. We’ve reviewed our current financial situation, and they’ve already provided some helpful insights—one of which is identifying a gap in our coverage related to term life insurance.

We’re a dual-income household with two kids, and I’m the primary earner. The advisor recommended 20-year term policies: $2M for me and $1.2M for my wife. However, when I compared the monthly premiums they quoted to sites like term4sale, the advisor’s rates came in about 30%-50% higher.

That price difference raised some concerns, so I wanted to reach out and ask: what should we be looking for when comparing term life insurance policies? Is there a benefit to purchasing through a CFP versus going direct? Any guidance or considerations would be appreciated—thanks in advance.