What Are The Advantages And Disadvantages Of Life Insurance? 
There are plenty of advantages to life insurance and no disadvantages . There are disadvantage of any life insurance policy is that it may be unsuitable for the policy owner based on budget , risk tolerance , liquidity needs and inappropriate polices for the planning goal . The two indemnification policies are Term Life Insurance and Guaranteed Universal Life Insurance . There are four income cash value life insurance policies : Participating Whole Life , Current Assumption Universal Life , Indexed Universal Life and Variable Universal Life . 