What Is A Hybrid Life Insurance Policy? 
Hybrid life insurance combines life insurance with other types of coverage such as accidental death insurance , long term care benefits , or even a combination of universal life and term insurance . Being able to get two types of policies in one can save expense and certainly cuts down on the hassle and paperwork of owning multiple policies . However , it is wise to review the features of the hybrid to make sure you understand the policy and are getting what you want . 