Are The Two Main Types Of Life Insurance: Term And Permanent? Is Whole Life A Sub-category Of Permanent?
Posted October 5, 2009 – 4:48 am in: term life insuranceThere are two types of life insurance:
1) Cash value life insurance. Also known as whole life, universal life, variable whole life, variable universal life.
2) Term insurance.
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One Comment
Yes, there are two main types.
Whole life is a category of permanent.