Call Toll Free 877-793-4354
Click for FAST QUOTE
Link Disclosure: We provide links on our website to other Internet sites and resources.
Accessing these links means you are leaving our website and going to the website of a third party not related to SeeQuoteNow.com.
We do not control third party sites and resources and are not responsible for their availability, content, or delivery of service.
Other sites and resources may have different security and privacy policies than ours.
Thank you for visiting SeeQuoteNow.com.
All About Us
Let Us Help
Products & Services
Educational & Guidance
Let's Get Connected
Four major types of non-variable life insurance coverage are:
1. Term Life
2. Whole Life
4. Index Universal Life Molly Shannon
Each of these provides a death benefit, but they can differ significantly in length of coverage, premium flexibility, accumulation and distribution of
cash values, and other factors. While specific policies vary by company, these general descriptions can help you understand the basic differences.
Term Life Whole Life Guarantee Universal Life Index Universal Life
Coverage Temporary Period of Lifetime Up to Lifetime Up to Lifetime
Needs Time 10 - 30 Years
Cash Value No Cash Value Guaranteed Interest Crediting Rate can be Interest Crediting Rate can be
Accumulation Cash Value can be set by the Insurance Co. linked to the % change of an index
Premium Fixed for an initial Fixed Flexible Flexible
Guaranteed For length of Term Lifetime Lifetime coverage or "dialed Guarantees typically range
Death Benefit period coverage down" to any length of coverage from 10 - 30 years