Awesome 10 Universal Life Insurance Vs. Term
Wallpaper. There are two major forms of life insurance: This post may contain affiliate links.
Also, most universal life insurance products have a selection of living benefit riders to cover long term care expenses, supplement retirement income, and address other financial needs.
The least complex form of life insurance is called term. A term life insurance policy simply provides coverage for a set period of time (e.g., a term you choose), for whatever benefit amount you select. We recommend a term of 15 to 20 years. This post may contain affiliate links.