When it comes to insurance, everyone's needs are different. Your need for life insurance and the amount of coverage will depend on your unique financial circumstances.
Life insurance is generally available in two types of policies: term life insurance, which provides a death benefit only, and permanent life insurance, which provides cash value in addition to a death benefit. Permanent life insurance is typically divided into three sub-categories:
•Variable Universal Life
Use the comparison chart below to get a brief overview of the features of each type of life insurance.