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Insurance Information

Types of life insurance

Life insurance comes in many different shapes and sizes.  The links below provide explanations of the different types of life insurance available on the market today.

Term vs. Permanent

The three main types of life insurance: term life insurance, whole life insurance, and universal life insurance.  (click here to visit Term vs. Permanent Life Insurance)

Specific purpose

Types of life insurance that are designed for a specific purpose, such as protecting a business, processing quickly, and covering a mortgage or debt.  (click here)

Special risk

Seniors, smokers, individuals with health issues, and individuals who participate in hazardous activities may be denied ordinary life insurance coverage or standard life insurance rates.  Favorably, certain types of life insurance are designed specifically for these groups of people.  (click here)

Additional features

The aforementioned policies can be customized into the following categories as well: participating life insurance, variable life insurance, adjustable life insurance, and life insurance which covers multiple people.  (click here)

 

If you have further questions regarding any of the different types of life insurance, please visit the Life Insurance Information Library or call 1-800-823-4852 to speak directly with a life insurance advisor.  At Wholesale Insurance, we're here to help you get the life insurance you need to protect the ones you love.

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