![What Are the Different Types of Life Insurance Policies? What Are the Different Types of Life Insurance Policies?](https://insurancexguide.com/wp-content/uploads/2024/01/dominik-hofbauer-nzus-1oiN0A-unsplash-600x400.jpg)
What Are the Different Types of Life Insurance Policies?
Term Life Insurance Term Life Insurance offers a straightforward and affordable option for individuals seeking temporary coverage. With a predetermined term, typically ranging from 10 to 30 years, this policy provides financial protection for a specific period. If the policyholder passes away during the term, the beneficiaries receive a death benefit payout. Unlike other types…