Life insurance can be a useful tool that allows you to sleep better at night knowing that if the unexpected happened your family would be taken care of. There are two main types of life insurance policies, which are permanent and term life insurance.

Term Life Insurance

Term life insurance is the most popular form of life insurance. Term life insurance has an affordable initial premium and provides coverage up to the age of 95. You can select how long you want the policy to be in effect it can be as short as 10 years to as long as 30 years.

Whole Life Insurance

Whole life insurance covers you for life. Whole life insurance has higher premiums compared to term life insurance and universal life insurance but it does come with a lot of extra benefits than other life insurance policies.

Universal Life Insurance

Universal Life Insurance covers your whole life and offers much of the same benefits that whole life insurance does but with more flexible premiums.