Best Online Life Insurance | Term or Permanent: Which Life Insurance Is the Best Fit For You?
There are two basic types of life insurance:
Term life insurance provides affordable, basic life insurance protection for a specified period of time. It does not build cash value over time.
Permanent life insurance never expires as long as you make your required premium payments. It accumulates cash value based on either a fixed interest rate or variable market performance.
Which is right for you? That depends on your needs and financial goals. Here's a quick video.