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Types of Life Insurance
#lifeForm{ text-align:centre; display:block; margin:0px auto; width:100%;} Life insurance can seem daunting with its various types and terminologies. Understand the different types of life insurance so you can make an informed decision that best suits your needs. Term life insurance Term life insurance provides coverage for a specified period or ‘term’. If you pass away during this term, the policy pays out a predetermined amount to your beneficiaries. There are several types of term life insurance: Decreasing life insurance Also known as mortgage life insurance, the coverage amount decreases over time, in line with a repayment mortgage. This type of life insurance is often chosen to cov

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