Life Insurance

Types of Life Insurance

Term Life Insurance

Term Life Insurance is the most affordable type of life insurance providing protection for a specific lenght of time (term). There are various terms available, usually from 10 to 35 years depending on the insurance company.

Permanent Insurance

Permanent insurance lasts for your life time. There are various types of permanent insurance, some you pay for life, some are paid up after a certain number of years.

Some permanent insurance has a cash value while others are strictly insurance only.

Guaranteed Life Insurance / No Medical Exam Life Insurance

Guaranteed life insurance / no medical exam life insurance is available from several companies. There is no formal medical exam however there are questions that need to be answered to determine how much insurance you can purchase.

 

For more information on life insurance request your quote with a licensed advisor -> Request a quote with a Financial Advisor