An insurance plan that covers the insured for a certain period of time, not for his or her entire life.
Aimed at younger individuals and families; provides financial help in the case of premature death.
Universal Life Insurance
plan with periodically-adjusted returns tied to short-term interest rates. Flexible, permanent life insurance policies.
Also know as second -to-die insurance; provides a death benefit
which can be used to help pay estate taxes.
protection of life insurance with earnings potential through investment optiions
plan with premiums payable throughout a person's life. Provides coverage in-force during the insured's entire lifetime,
as long as premiums are paid; allows the policyholder to build cash value on a tax-deferred basis.