The Different Types Of Life Insurance
June 26th, 2010 by Kristine Librado
There are basically five different types of life insurance, and knowing the different types can help you decide which one is right for you and your family. The cheapest and simplest insurance is the term life insurance. This is just insurance on the event of your death, and pays a designated amount of money to the beneficiary. It has no cash value like other policies, and both the policy limit, as well as the death benefit is the same, up to $200,000. If you want a policy that protects your family when you die, can pay for funeral expenses, as well as a some extra to help them out, this is the way to go.
Tags: Death Benefit, Family Life Insurance, five types, flexible life insurance, Life Insurance, Term Life InsurancePosted in
