For example, with most ordinary life insurance policies, the policy owner and insured are the same person, and the beneficiary is usually a spouse or other family member. (keypersoninsurance.com)
When you are slightly younger, health problems might not play as big of a part which is why most tend to go for ordinary life insurance with a medical exam. (termlife2go.com)
Whole life insurance is also commonly known as ordinary life insurance or straight life insurance. (insuranceopedia.com)