Life Insurance
Life insurance is a policy that provides a financial benefit to a named beneficiary at the time of death. This provides financial protection for your loved ones after you pass away. These policies can be for a specific time or for a lifetime.
| Policy Types | Length | Death Benefit |
|---|---|---|
| Term | Typically 10, 20 or 30 years | Yes, Fixed |
| Whole | Lifetime | Yes, Fixed |
| Universal | Lifetime | Yes, Flexible |
| Burial | Lifetime | Yes, Fixed |
| Cancer Policy | Lifetime | Yes, Fixed |
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