Types of Life Insurance Policies  in the  USA

Term Life  Insurance 

Term Life Plan provides coverage for a specific period of time. 

1

Whole Life  Insurance 

Offers lifetime coverage and a cash value component that grows over time. 

2

Universal Life  Insurance 

A flexible policy that allows for changes in coverage and premiums. 

3

Variable Life  Insurance 

Combines a death benefit with investment options for potential growth. 

4

Group Life  Insurance

A policy offered by employers to their employees. 

5

Final Expense  Insurance 

A small policy meant to cover end-of-life expenses. 

6

Guaranteed Issue  Life insurance 

Offers coverage without medical underwriting, but typically has higher premiums. 

7

Nominate Your Business Free for Awards