Life Insurance Secrets for Type 2 Diabetics Revealed

Types of Life Insurance Available

When considering life insurance, you generally have two primary options: term life insurance and whole life insurance. Term life insurance is often more affordable and provides coverage for a specific period, such as 10, 20, or 30 years. This could be a viable option if you are looking to cover a mortgage or ensure your children’s education is funded. Whole life insurance, on the other hand, offers lifelong coverage and includes a savings component that can grow over time. This type of policy might be more expensive but provides the dual benefit of protection and investment.