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Welcome to Life Insurance Search!

What are the Types of Life Insurance?

Term life is the simplest and least expensive type of policy. It's pure insurance with no cash value account. A term life policy has only one function: to pay a specific lump sum to whoever you've designated, upon a specific event - - your death. The death benefit and the policy limit are the same - - a $200,000 policy pays a $200,000 death benefit. The policy protects your family by providing money they can invest to replace your salary, as well as to cover final expenses incurred by your death.

Other types of life insurance provide both a death benefit and a cash value account. Their premiums are larger than term life premiums, because they fund the savings account in addition to buying insurance. These policies are often referred to as cash value policies. They include: Whole Life, Variable Life, Universal Life, and Universal Variable Life.

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Important Insurance Links and Information

Term Life
Free term life insurance quotes from carriers close to home.

Whole Life

Be prepared with a whole life insurance policy. Get Free customized quotes today.

Universal Life
A universal life policy can give the flexibility you may need. Receive a free quote today.

Important Articles

Articles on life insurance and how to choose between the various policies: term life insurance, whole life insurance, and universal life insurance.

Life Insurance Calculators

Find out what your payments would be and how to save money on your taxes with a life insurance policy



Insurance Articles

Life Insurance Explained
A simple explanation of life insurance and why it is a good idea in planning for the future.

Do You Need Life Insurance?
Questions to ask yourself in determining if you need a life insurance policy.

How Much Do You Need?
Things to consider when deciding how much life insurance you need.

What Type of Life Insurance is Best for you?
Comparison of term and permanent life insurance policies.

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