Eliminate whole life, universal life and
other forms of permanent life insurance from your shopping list....
Not exact matches
There are a number
of features that distinguish guaranteed issue
life insurance policies
from other forms of life insurance policies, such as term and
permanent life.
The
other main kind
of insurance is a whole
life plan, which as you can assume
from the name, is a
permanent form of life insurance coverage.
Now, although it is
permanent life insurance, it differs
from other forms of permanent life insurance by not building up a really significant cash value over time.