Which Life Insurance Is Right For Me? 
Life insurance is a financial product for indemnification , income and inheritance planning . All financial purchases must first determine product suitability for the buyer . If your financial liability is temporary , then term life insurance is the main consideration . If your financial liability is permanent , then term life insurance is the main consideration . Indemnification and inheritance are death benefit solutions . An income scenario is cash accumulation solution . For tax advantaged income current assumption universal life has three crediting method options for long term savers and investors : interest rate , indices and separate sub accounts that use market equities and bonds . If the policy is designed with the lowest TAMRA compliant death benefit option , the potential for income is increased . 