There are five main types of life insurance to choose from. Here’s a breakdown of what each one covers. Many, or all, of the products featured on this page are from our advertising partners who ...

This type of life insurance is appropriate for those ... “[Use] a licensed agent to receive quotes from different insurance companies can help you find the best rate,” Hoolihan said.

However, the options don’t stop there. Many types of permanent life insurance cater to different needs and preferences. You can opt for whole life, universal life, variable life, and more.

Health insurance refers to a policy between an insurance company and an individual that provides financial aid to the latter ...

Determining whether to purchase life insurance is a big decision. There are numerous policies that provide different types of coverage. Some are for a specific period of time, and others are for life.

Once the term expires, you can either renew it, let it expire or convert it to a different type of life insurance. With these plans, the only value is the guaranteed benefit after you pass.

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a ...

Editorial Note: This content has been independently collected by the Forbes Advisor team and is offered on a non-advised basis. This content is not part of the comparison service provided by ...