
Learn how term life insurance, or term assurance, offers fixed premiums for a set period and pays a death benefit if the insured dies, with riders for illness or disability.
Explore convertible term life insurance, a policy that converts from term to whole life without a medical exam, with premiums rising as coverage becomes permanent.
Equity indexed universal life insurance is a permanent policy with a cash value linked to a stock index, not directly invested in stocks, growing tax-deferred and offering flexible death benefits.
Explore common life insurance riders, including child term rider for children with no medical exam, plus accidental, guaranteed insurability, waiver of premium, and long term care riders.
A Life Insurance policy can serve as both a financial investment and a tool that ensures the financial well-being of loved ones in case of loss of income. This course simplifies the complexities of each of the 10 types of Life Insurance policies that are discussed, and it considers both the advantages and disadvantages inherent in each of the 10 different types of Life Insurance policies. Included are colorful photos and profiles of people who would benefit most from each of the 10 types of Life Insurance. Also included is a quiz following each discussion of one of the 10 types of Life Insurance, and this helps facilitate the process of learning and remembering new subject matter.
A discussion of Riders describes an additional option that may be available with the purchase of a Life Insurance policy; this option may increase the financial value of the policy.
In the tradition of professionals that offer a Free Consultation, this course is being offered at no charge so that the student who is completely unfamiliar with Life Insurance may acquire fundamental knowledge of this financial product.
The 10 types of Life Insurance policies discussed in the course are listed below:
1. Whole Life Insurance
2. Term Life Insurance
3. Renewable Term Life Insurance
4. Convertible Term Life Insurance
5. Universal Life Insurance
6. Variable Universal Life Insurance
7. Equity-Indexed Universal Life Insurance
8. Group Life Insurance
9. No Exam Life Insurance
10. No Load Life Insurance