Understanding The Differences Between Types Of Life Insurance Policies
Life insurance is a critical aspect of estate planning that helps prepare for unforeseen circumstances. Life insurance policies offer financial security for your loved ones in case of death. While choosing a life insurance policy seems like a straightforward concept, there are a variety of life insurance options available. Each type of life insurance policy offers a unique set of benefits and features that cater to specific needs. Explore the differences between four common life insurance policies: term, whole life, universal, and final expense.