What are the Different Type of Life Insurance Policies?

If you're in the market for life insurance you may want to learn about the different types of life insurance plans available to help you better understand which plan may be right for you and your family.

There are two basic types of life insurance: Term and Whole Life.

Term is temporary coverage lasting up to 30 years, while whole life lasts your entire lifetime.

Term is pure life insurance protection, while whole life builds up cash value inside your policy.

Term life costs a lot less than whole life, which means you can afford a lot more life insurance buying term life.

Learn more about the different types of life insurance policies available.