Permanent Life Insurance and Term Life Insurance Life insurance policies are broadly categorized into two main types: Term life insurance and Permanent life insurance. While both provide a financial safety net for your loved ones, they differ significantly in their structure, duration

Different types of insurance will provide protection for different needs. Usually, you would use permanent life insurance to pay for funeral expenses, estate and capital gain taxes, probate fees,  etc. (if all goes well and you live to an age of 60, 70 or older) You would also wa