Choose Wisely Hidden Secrets To Perfect Life Insurance
Types of Life Insurance
Life insurance policies generally fall into two main categories: term life insurance and permanent life insurance. Term life insurance provides coverage for a specific period, usually 10, 20, or 30 years. It is often the most affordable option, making it a popular choice for those seeking temporary coverage1. On the other hand, permanent life insurance, which includes whole life and universal life policies, offers lifelong coverage and can accumulate cash value over time2.