Different Types Of Life Insurance at Life

Different Types Of Life Insurance. There are two main types of life insurance: Term life insurance is usually less expensive than permanent life insurance, so you may be able to purchase more coverage.

There are two primary categories of life insurance: Permanent life insurance differs in that it lasts your entire lifetime. This is a life insurance policy (usually permanent, not term) that covers more than one person, often a married couple.

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Term life insurance and permanent life insurance. The different combinations and layouts of these policies can create over 15 different variations of life insurance. What is cash value life insurance? Life insurance products for groups are different from life insurance sold to individuals.