|
Term Life Insurance |
Whole Life Insurance |
Universal Life Insurance |
Variable Universal Life Insurance |
|
|---|---|---|---|---|
| Death benefit | Yes | Yes | Yes | Yes |
| Designed for low cost | Yes | |||
| Access to your money1 | Yes | Yes | Yes | |
| Guaranteed cash value | Yes | Yes | ||
| Market participation | Yes | |||
| Tax advantages | Yes | Yes | Yes | Yes |
| Flexible payments2 | Yes | Yes |