In exchange, you pay premiums during your lifetime. There are two main types of life insurance. Term life insurance covers you for a specific period, such as 10 to 20 years
Define insurance. insurance synonyms, insurance pronunciation, insurance translation, English dictionary definition of insurance. n. 1. a. The act, business, or system of insuring. b. The state of...
Term life insurance is a type of life insurance policy that provides affordable death coverage for a period of time, or term. Learn what it is and how it works.
Whole life insurance is permanent life insurance that pays a benefit upon the death of the insured and is characterized by level premiums and a savings component.
Define life insurance. life insurance synonyms, life insurance pronunciation, life insurance translation, English dictionary definition of life insurance. n. Insurance that guarantees a specific su...
Voluntary life insurance, an optional benefit often offered by employers, is a plan that provides a cash benefit upon the death of the insured.
Term insurance is the most affordable form of life insurance, remaining effective for a specific period. Term plans are easy to understand and ensure your financial security.
The meaning of LIFE INSURANCE is insurance providing for payment of a stipulated sum to a designated beneficiary upon death of the insured.
Permanent life insurance refers to coverage that never expires, unlike term life insurance, and combines a death benefit with a savings component.
Term life insurance covers a certain number of years; permanent life insurance continues for your lifetime, provided you pay the agreed premiums.