However, only whole life policy owners are usually considered to be owners. (lifeant.com)
Term life policy owners typically purchase life insurance for an amount of time that will last as long as their beneficiaries will need financial protection. (nophysicaltermlife.com)
No medical exam is required, and the only condition for a Guaranteed Life policy owner is that you are between 50 and 80 years old. (gerberlife.com)