What is the most popular type of life insurance?
Whole life and universal life each comprise about one-third of market share by life insurance premiums, according to the latest LIMRA figures. Term...
Which type of life insurance is also an investment?
Permanent life insurance policies, such as whole life, universal life and variable life, have an investment portion called cash value. Cash value b...
What type of life insurance can you borrow from?
You can borrow from permanent life insurance policies, including whole life, universal life and variable life. Borrowing isn’t available with term...