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What are the Different Types of Life Insurance?

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27th Feb 2011 by admint

Type of Life Insurance:
1. Term Life Insurance - life insurance designed to meet temporary needs. It provides life insurance for a specific period of time and is paid only by the insurance company when the insured dies during the life insurance coverage period. The life proceeds is benefited only by the beneficiaries.
2. Permanent Life insurance - it is a life insurance coverage for the whole life period of the insured. It accumulates cash value.


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19th Apr 2010 In Life Insurance 1 Answers | 71 Views
Subjects: life insurance, types of life insurance,

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What are the Different Types of Life Insurance?


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