One of the most
popular permanent life insurance products is Universal Life Insurance.
Not exact matches
While many agents, brokers, and insurers argue in favor of
permanent life insurance policies like whole
life insurance, these
products do have their critics, including
popular financial personalities like Dave Ramset, Suze Orman, and Clark Howard.
Term
life insurance is a
popular product because people who may not have a lot of money to spend can protect their families» futures with term
life insurance for a more affordable price than they can with a
permanent life insurance policy.
Even though it's not as
popular, there is also an investment component to term
life insurance — as long as it is convertible to a
permanent product.