A small whole life policy meant to cover funeral and burial costs. Easier to qualify for, usually for seniors.

Covers you for a set period (10–30 years). It’s affordable, with no cash value—just a death benefit if you pass during the term.

Same as regular term, but if you outlive the policy, you get all your premiums back. Costs more than standard term.

Lifetime coverage with level premiums and guaranteed cash value. More expensive, but builds savings you can borrow against.

Flexible permanent coverage with cash value that grows based on a market index (like the S&P 500), with growth caps and floors.

Term policy designed to pay off your mortgage if you die. Often matches the length and amount of your mortgage. Some include return of premium.