It's not hard to make decisions when you know what your values are.
If you need help figuring out how to buy a life insurance policy, here's a side-by-side comparison of the most popular types. This will help you choose based on the features that are most important to you.
For more help, give us a call at 800-823-4852!
Term Life
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Whole Life
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Universal Life
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Variable Universal Life
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Length of coverage |
1-30 years
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Lifetime
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Lifetime
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Lifetime
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Death benefit |
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Flexible payment |
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Cash value |
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Tax advantages |
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Low monthly payment |
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Term life insurance | Whole life insurance | |
Purpose |
Affordable coverage for a
limited amount of time |
Coverage for the rest of your life
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Monthly payments |
Smaller payments during your term, but they could go up if you renew your policy at the end of your term
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Higher than term life, but they will not increase as long as the policy remains in effect
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Coverage length |
You decide—terms are available for periods ranging from 1 to 30 years
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As long as you live
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Cash value |
No
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Yes
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Choose this policy if: |
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Ready to get started? Click the button below to get a free, no-obligation quote!