What are the two types of life insurance?

Answer Life insurance is like any other kind of insurance, with the big exception being that the insurance is only paid out if the party taking out the insurance dies. The payment is sent usually to the n... Read More »

Top Q&A For: What are the two types of life insurance

What Types of Changes in My Life Can Affect My Life Insurance?

Life insurance is a policy purchased by an individual from an insurer over a specified amount of time. Based off the terms of the policy, the insurer agrees to pay the designated beneficiary a lump... Read More »

Are There Different Types of Life Insurance I Should Consider?

Many different types of life insurance exist, and each policy has its proper place in protecting the financial security of the policyholder. Each person's financial situation differs from the next,... Read More »

How to Explain the Different Types of Life Insurance?

Life insurance is a complicated group of financial products to most consumers who are not in the insurance industry. Insurance agents must find simple ways to explain the various life insurance opt... Read More »

A Comparison of the Types of Life Insurance?

Life insurance is very simple: You pay a premium to the insurance company and in return receive a promise from the company to pay a much larger sum of money if the insured dies while the policy is ... Read More »