Insurance Comparison Chart
|Instant Coverage||Medical Exam||Insurance Type||Premium||Death Benefit||Cash Benefit||Investment Choice|
|Simplified||Yes||Not Required||Simplified Issue||Relatively low, fixed||Fixed during the term, then zero||No||No|
|Term||No||Required||Level Term Insurance||Relatively low, fixed||Fixed during the term, then zero||No||No|
|No||Required||Renewable Term Insurance||Relatively low, increasing||Fixed||No||No|
|No||Required||Decreasing Term Insurance||Relatively low, decreasing||Decreasing during the term, then zero||No||No|
|Permanent||No||Required||Whole Life Insurance||Relatively high, fixed||Fixed minimum amount, some upside||Yes||No|
|No||Required||Universal Life Insurance||Relatively high, flexible||Variable||Yes||No|
|No||Required||Variable Whole Life Insurance||Relatively high, fixed||Fluctuates with the performance of the investment||Yes||Yes|
|No||Required||Variable Universal Life Insurance||Relatively high, flexible||Fluctuates with the performance of the investment||Yes||Yes|
Please Note: This chart is intended to assist you in selecting life insurance coverage and is not a recommendation.
We recommend having one of our Network members contact you to discuss which type of life insurance is best for your needs. Please click here to start the process.