Home > SuperTips > Life Insurance > What Are the Different Types of Life Insurance?
     
Advertisers
Allstate Insurance Company
Visit our website for helpful information on life insurance.
www.Allstate.com/Los Angeles




Walden Associates Insurance Services
Life Insurance - Tailor A Plan To Fit Your Families Needs. Call Today!
www.WaldenBrokers.com


Vargas & Vargas Insurance Agency
Vargas & Vargas Insurance was established in 1980 and provides ...
www.vargasinsurance.com


State Farm Insurance
Quotes 24/7 with Multiple Discounts on Home, Auto, Life, and More


Term Life Insurance Quotes Online
Instant Online Quotes & Applications. Compare and Save. Top Companies.
www.WebQuotes4u.com


Anthem Blue Cross: Agents Serving California
Offering health care plans designed for your needs & your budget.
www.mjdinsurance.com


Tri County Insurance
Let Tri County Insurance Agency be the single source for your ...
www.tcinsur.com


Ultra Care Concepts
We insure People, Not Things. Grp & Ind. Medical, Dental, Life,Travel.
http://www.ultracareconcepts.com/


Smart Term Life Insurance
Get $500,000 instant life insurance with no medical exam. Real Reviews
http://www.SmartLifeInsurance.com




Gabriel Bob Co ISU
Immediate Phone Quotes - New Lower Insurance Rates - 1000s of Satisfied Customers - "A" Rated Companies
http://www.bobgabrielinsurance.com


What Are the Different Types of Life Insurance?

There are two basic types of life insurance: Term Insurance and Cash Value Insurance:

Term Policy Life Insurance

Term Policies provide life insurance for a specified period of time. These policies provide benefits in the event of death, but they generate no cash value. Keep in mind that the cost of term insurance increases as you get older, which may make it more expensive than cash value insurance in the long run. Most companies will not sell term insurance to an applicant for a term that ends past his or her 80th birthday.

Cash Value Life Insurance

Cash Value or permanent insurance pays a death benefit whenever you die - even if you live to 100! There are three major types of whole life or permanent life insurance - traditional whole life, universal life, and variable universal life, and there are variations within each type.

Cash value life insurance is available in Variable, Whole Life and Universal Life:

Find Local Life Insurance Resources:
City or Zip:

Whole Life Insurance

Whole Life Insurance (also known as straight life, ordinary life, and traditional permanent insurance) has guaranteed premiums and death benefits, and a minimum interest rate, which will be credited to the funds accumulated in the policy.

Universal Life Insurance

Universal Life Insurance offers you more flexibility than whole life insurance. You may be able to increase the death benefit, if you pass a medical examination. The savings vehicle (called a cash value account) generally earns a money market rate of interest.

Variable Life Insurance

Variable Life Insurance differs from whole life insurance and universal life insurance in that policy owners direct the distribution of their premium payments among several different accounts or funds rather than by the company's choosing.

Start Your Search

To find local Life Insurance Resources, enter your city or zip code here:

More Life Insurance Articles
SuperTips Categories
2009 Economic Stimulus Info
Attorneys Specialties
Auto Dealers and Car Shopping
Auto Insurance
Auto Repair
Bail Bonds
Banking Online
Bankruptcy
Bathroom Remodeling
Car Loan Refinance
Cash Advance Loans
College And Universities
Debt Consolidation
Dentists and Dental Procedures
Doctors and Medical Specialties
Fire and Water Damage
Flowers and Florists
Flu Information
Foreclosures
Garbage and Recycling
General Real Estate
Heating and Air Conditioning
Home Equity Loans
Hotels
Insurance Specialties
Internet Services
Jewelry and Jewelers
Life Insurance
Locks and Locksmiths
Mortgage
Moving
Personal Injury
Personal Loans
Pest Control
Real Estate Loans
Refinance
Roofing
Salons and Spas
Storage
Student Loan Refinance
SuperGuarantee
Veterinarians and Pet Care
Related Articles
Benefits of Term Life Insurance
Benefits of Universal Life Insurance
Benefits of Variable Life Insurance
Benefits of Whole Life Insurance
How Much Life Insurance Do You Need?
Logo
Advertise with Us  |   Affiliate Program  |   Add or Edit a Business
Yellow Pages  |   City Guides  |   Online Shopping  |   Popular Categories  |   Featured Businesses  |   Consumer Center  |   Site Map
About Superpages  |   Terms of Use  |   Patents  |   Privacy Policy  |   Copyright © Idearc Media LLC. All rights reserved.