Types of Life Insurance

Variable life insurance is a form of permanent, lifelong coverage that also has a cash value account. There is a higher upside potential associated with the cash value accumulation of variable life insurance policies when compared to other permanent life insurance policies, however, they also come with higher fees and greater risk. As long as.. More

Indexed Universal Life Insurance

Written by Jeff Root

Life insurance comes in a lot of shapes and forms. The various types of life insurance policies are usually divided into two main categories: term life insurance and permanent life insurance. Term life insurance coverage lasts a given period of time, between 10 and 30 years. After this, your coverage expires and you must find.. More

There are many types of life insurance policies available on the market. Chances are, regardless of your health or financial situation, there is an affordable type of life insurance out there that fits your needs. For the most part, life insurance is separated into two main umbrella types of policies: term and permanent life insurance… More

Universal life insurance is a type of permanent life insurance coverage. Universal life insurance comes in many different forms. Like all types of permanent life insurance, universal life insurance is designed to last for your entire life and when you die your beneficiaries receive a tax-free death benefit. It also accumulates cash value over time from.. More

Guaranteed acceptance life insurance is a form of whole life insurance with a limited death benefit. As with all other whole life insurance policies this one will build cash value over time and your coverage will continue to last as long as you pay your premiums. The one restriction you will find is that these.. More

Whole life insurance is one of two types of life insurance. It was the single most popular types of life insurance from the 1950’s thru the 1970’s. Now with all the different options for life insurance, it remains one of the most straightforward policies available. In this article, we will cover:  The types of whole.. More

Parents nurture and care for their little ones all the days of their lives. That’s why a parent’s death is so devastating to children no matter the child’s age. Whether your child is 5 or 55, the loss of a parent can be emotionally traumatic and also financially destructive. Reviewing the best life insurance companies.. More

Purchasing a life insurance policy is one of the greatest gifts you could ever give your family. By being willing to set aside just a few dollars every month, your family will gain the financial security they need no matter what the future may have in store. The process of purchasing a life insurance policy,.. More

You probably have a few dependents right now, but know that one day, as your children grow older and retirement grows nearer, they will no longer be financially dependent on your income.  If this is the case, a term life insurance policy is likely right for you. When searching for the best term life insurance.. More