Term life insurance is a type of life insurance that guarantees payment of a stated death benefit if the covered person dies during a specified timeframe. Once the timeframe expires, the policyholder can either renew for another term, change the policy to permanent coverage, or allow the term life insurance policy to terminate.

Final expense insurance can pay your funeral and burial costs, probate and other estate administration costs, debts and medical expenses not covered by health insurance.

Long term care helps meet health and personal needs by providing services that include medical and non-medical care for people with a chronic illness or disability. Services associated with long term care can be provided at home, in the community or in a facility. This type of care typically assists people with daily activities like dressing, bathing and using the bathroom.

Whole life insurance, also known as traditional life insurance, provides permanent death benefit coverage for the life of the insured. In addition to paying a death benefit, whole life insurance also contains a savings component in which cash value may accumulate. Interest accrues at a fixed rate and on a tax-deferred basis.

Universal life insurance is a type of permanent life insurance. With this type of policy, the insured person is covered for the duration of their life as long as they fulfill the requirements of their policy to maintain coverage.