What type of insurance is level?
These days, almost everyone buys level term insurance. The terms level and decreasing refer to the death benefit amount during the term of the policy. A level term policy pays the same benefit amount if death occurs at any point during the term.
Which type of life insurance has the highest premium?
Permanent life insurance typically comes with a cash value and has higher premiums.
What are the 3 main types of life insurance?
The three main types are whole, universal life insurance, and term life insurance.
What are 4 main types of coverage and insurance?
Four types of insurance that most financial experts recommend include life, health, auto, and long-term disability.
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