Types Of Life Insurance

Types Of Life Insurance

There are basically three types of policies when it comes to life insurance, with many variations and uses for each.

  • Term Insurance: Offers cost-effective, short-term protection for a fixed period of time
  • Whole Life Insurance: Provides guaranteed permanent protection and cash accumulation, combined with tax-advantaged access to the cash value
  • Universal and Variable Universal Life Insurance: Gives permanent protection, with the flexibility to adjust premium payments; variable life offers permanent protection, combined with investment potential

Your XML agent will guide you through the process and help determine the right direction for you and your family.

Let us help take the mystery out of shopping for life insurance. Contact us today!

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