4 different types of life insurance explained (Video)
sunlife.ca
4 different types of life insurance explained (Video)
What’s the difference between term, permanent, participating and universal life insurance policies? And which ones meet your needs?
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Life Insurance vs. Term Insurance? Let’s clear the confusion today! Life insurance is broadly categorized into two main types, and one of them is term insurance and the other is investment policy. Term Insurance is basically the purest form of life insurance. Its primary goal is to provide financial security for your family by covering liabilities in case something happens to you. Think of it as a safety net ensuring your loved ones are taken care of even when you’re not around. Investment Plans
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