Life insurance

Life insurance is money for your family to use to pay your bills and death expenses when you die. A person must be healthy to purchase a life insurance policy. The amount of life insurance needed depends on the person’s family’s needs when they die. Some things to consider when purchasing a life insurance policy are, marital status, the number of dependents, (wife, kids, etc.) family size, income, and wealth. Life insurance has different types of policies.

 Types of life insurance 
 Term life insurance
 Whole life insurance
 Universal life insurance
 Indexed universal life insurance
 Variable life insurance
 Variable universal life insurance
 Final expense insurance
 Group life insurance

References

Category:Insurance