Life Insurance Terms
Term Life: stated benefit upon the death of the policy owner, provided that the death occurs within a specific time period.Term Life InsuranceLife Insurance has many different types. Affordable Insurance has listed these different types to help clarify any questions.
Brand: Allstate, Progressive, Woodman of the World
Whole Life: without cash build-up (usually cheaper), pays a stated amount upon death of the insured. With cash build-up pays a stated amount upon death of the insured. It also accumulates a cash value that the policyholder can withdraw or borrow against.
Tags: Insurance, Life Insurance