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What is the best life insurance policy to go with?

I am recently out of the military and need to purchase an individual health ins policy. However, I am not sure which ones are the best. I am a student, do they offer any good student policies? Also, is the SGLI to VGLI conversion a good change to make? If not, which is better term or whole life insurance policies?

Public Comments

1. In your title you describe life insurance, but in the details you are also referring to needing to buy health insurance. As for life insurance, that should be designed to protect someone or some assets and you want to buy the largest amount your can afford or need at the lowest rate. And that means you have to go with term insurance. Whole life policies are lousy investments, but are very profitable to the agent writing the policy and the insurance company that issues it.