answersLogoWhite

0


Best Answer

There are two main categories of life insurance: whole life and term insurance. Whole life insurance is an insurance policy combined with an investment account and has several variations such as universal life and variable life. Term life insurance has no investment account, but provides a set sum of money should one die within the specified term of coverage. Variations of term life insurance include annuable-renewable and level-term policies.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How many different types of life insurance are there?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are some different types of insurance?

There are many different types of insurance available. A few different types of insurance include automobile, motorcycle, life, health, dental, homeowners, and rental.


What does CIS life insurance provide?

CIS life insurance, also known as cooperative insurance provides many different types of insurance such as car insurance, life insurance, pet insurance, etc.


In which areas does Frankenmuth Insurance provide service?

Frankenmuth Insurance provides many different types of insurance to their customers, including personal and business services. They sell the usual home, auto, life and many other different types of insurance.


How many different types are there of insurance agencies?

Most insurance agencies cover multiple types of insurances. The types of insurances out there include (but are not limited to) life, health, vehicle, rentals, flood and fire.


What types of insurance does USAA offer?

USSA offers many different types of insurance. Some examples of insurance that USAA offers are auto, home and property, and life. USAA also offers umbrella insurance, business insurance, and travel insurance.


What service does the Eerie Insurance Group provide?

The Erie Insurance group on many different types of insurance policies for a variety of different clients. These includes auto, home, life and business policies.


What types of life insurance policies does HSBC offer?

HSBC offers many different types of life insurance policies such as term and whole policies. The option to list several beneficiaries is of course standard and available.


What type of company is AIG Auto?

AIG Auto is an Insurance company that provides many different types of insurance for individuals and businesses. The types of insurance that AIG provides includes: Accident, Life, Health, and Travel.


What comes with Champion insurance?

Well Champion insurance has many different types of insurances to offer. They cover a variety of different items from auto insurance, to life insurance and even boat insurance. They also offer health insurance, RV insurance, and home insurance.


Topics for life insurance?

Here are some topics for Life Insurance: What is life insurance? How does life insurance work? What are the different types of life insurance? What are the top life insurance companies? How do I get the best price on life insurance? What is a beneficiary? How can I save money on life insurance?


What services does Direct General Auto Insurance offer?

Direct General Auto Insurance offer different types of insurance from car insurance even to life insurance. They have many discounts depending of what type of insurance you want.


What are the various types of insurance offered by North Auto Insurance?

There are many different types of insurances that are offered by North Auto Insurance. These types of insurance include auto insurance, renters insurance, and home insurance.