Life insurance is easier than you would think. There are so many options available now that you can find a policy – and a premium – that works perfectly for you and your loved ones. Here is a quick refresher to get you prepped for the form below:
- Term Life Insurance – the policy has a set death benefit with set premium payments for a pre-determined period of time. It is less expensive than Whole Life.
- Whole Life Insurance – Whole Life can take many forms, but in general, the policy is in place for your entire lifetime as long as premiums are paid. More expensive than Term Life.