The most
basic type of life insurance plan is one that offers protection or a life cover, for a fixed premium.
Like the 3 basic colours Red, Blue and Green and other colours being a combination of these primary ones, there are 4
basic types of Life Insurance Plans in the industry and other plans available are combinations or extensions of these basic ones.
Not exact matches
This is why they offer all
of the
basic life insurance plans you can expect from other companies, as well as a handful
of more specialized coverage
types.
Term
plans are the most
basic type of life insurance.
For most amounts
of insurance plans, a
basic physical exam is necessary to acquire most
types of life insurance.
This is the most
basic and also the most important
type of life insurance plan offered by insurers.