The useful question is what the coverage needs to do.
Term insurance provides coverage for a defined period under its contract. Permanent insurance is intended for longer-term coverage when its requirements are met and may include cash value. The labels alone do not establish which belongs in your plan.
Temporary protection
An income-replacement need, debt, or other obligation may have an identifiable end point. Term coverage can be considered for that period. Understand when the term ends, what renewal involves, and whether any conversion option exists.
Term policies generally do not accumulate cash value. Compare the coverage and its cost rather than expecting the policy to perform a savings function.
Longer lasting needs
A responsibility expected to continue for life may warrant examining permanent insurance. Permanent policy types differ in their guarantees, premiums, crediting or investment structures, and maintenance requirements.
Potential cash value comes with insurance costs and contractual conditions. Compare available value, funding, and guarantees rather than treating all permanent policies as interchangeable.
A combination may have a purpose
Different parts of a protection need can have different durations. The evaluation may involve one type of coverage or a combination. Existing coverage should be understood before considering changes.
Your takeaway
Ask how long protection is needed, which guarantees matter, and what funding is sustainable. Then compare the approaches that serve that need.