Indexed Universal Life
Indexed Universal Life is very similar to traditional Universal Life, however instead of a declared interest rate the actual rate earned is tied to a stock market index.
Term Life Insurance
Term Life Insurance truly is typically considered the simplest form of life insurance. It provides coverage at a specified premium for a stated time period or term.
Universal Life Insurance
Universal Life Insurance is a permanent policy that offers death benefit protection but also has a savings element that earns interest.
Whole Life Insurance
Whole Life Insurance has a savings element that the policyholder can borrow from, while the insurance element pays a stated amount upon death of the insured.