Whole Life Insurance
Whole life insurance is a variation of permanent life insurance policies. It lasts for the entirety of a
policyholder’s life, and then pays out a lump sum of tax-free cash benefits to loved ones upon your death. This is
different from term life insurance policies that only cover you for a specific period of time before they expire.
Term Life Insurance
Term life insurance is a life insurance policy which covers you for a specific period of time, rather than
your entire life. In the event that you pass away while the policy is still in effect, a lump sum of money is
paid out to all of your beneficiaries.
Level Term Life Insurance
Level term life insurance is just another form of term life insurance. Similarly, it lasts for a
specific period of time and then expires.
The policy’s premiums are guaranteed to remain level, and do not increase throughout the term.
Level term life insurance is cheap and simple to understand.
Non Medical (Exam) Life Insurance
The application process for most insurance policies takes up to 8 weeks and includes
a mandatory medical exam in most cases.
If you’re searching for a life insurance policy that does not require a medical exam and
has a much shorter waiting period, you have a few options. Click below to Learn More.
Return of Premium Life
Return of premium life insurance is another form of term life insurance. It’s policy lasts for a specific
amount of time, then expires. However, return of premium gives you the opportunity to get your
money back when the policy ends, unlike other term life policies.