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Term life insurance - Term life insurance is the original form of life insurance and is considered to be pure insurance protection because it builds no cash value. This is in contrast to permanent life insurance such as whole life, universal life, and variable universal life.

Permanent life insurance - Permanent life insurance is a form of life insurance such as whole life or endowment, where the policy is for the life of the insured, the payout is assured at the end of the policy (assuming the policy is kept current) and the policy accrues cash value.

Mortgage Life Insurance - Mortgage Life Insurance is a form of insurance specially designed to protect a repayment mortgage. If the policyholder were to die whilst the mortgage life insurance was in force, the policy will pay out a capital sum that will be just sufficient to repay the outstanding repayment mortgage.

Life insurance - Life insurance (Life Assurance in British English) is a type of insurance. As in all insurance, the insured transfers a risk to the insurer, receiving a policy and paying a premium in exchange.


Suggested Web Sites

Government Personnel Mutual Life Insurance Company (GPM Life) - Government Personnel Mutual Life Insurance Company (GPM Life) A comprehensive financial planning and life insurance company with its home office in San Antonio, Texas. Site describes products, target markets, and the company.

ICICI Prudential Life Insurance. and Royal Sundaram General Insurance - ICICI Prudential Life Insurance. and Royal Sundaram General Insurance Offers life and general insurance, consultations.

West Coast Life Insurance Company - West Coast Life Insurance Company Offers life insurance products including whole life, universal life, interest sensitive whole life, survivor life, and term-like life insurance. Includes an agent locator and online quotes.

Source: BazSites.com

Web Links

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