简中Term Life Insurance
Term insurance is a type of life insurance policy that provides coverage for a certain period of time, or a specified “term” of years. If the insureddies during the time period specified in the policy and the policy is active, or in force, then a death benefit will be paid.
Universal life insurance
Universal life insurance is permanent life insurance with an investment savings element and low premiums like term life insurance. Most universal life insurance policies contain a flexible premium option.
Participating whole life insurance
A participating policy is an insurance contract that pays dividends to the policy holder. Dividends are generated from the profits of the insurance company that sold the policy and are typically paid out on an annual basis over the life of the policy.