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2. Endowment policy - Wikipedia

   en.wikipedia.org/wiki/Endowment_policy

   An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death. [ 1 ] [ 2 ] These are long-term policies, often designed to repay a mortgage loan, with typical maturities between ten and thirty years within certain age limits.

3. Term life insurance - Wikipedia

   en.wikipedia.org/wiki/Term_life_insurance

   Term life insurance may be chosen in favor of permanent life insurance because term insurance is usually much less expensive [1] (depending on the length of the term), even if the applicant is higher risk, such as being an everyday smoker. For example, an individual might choose to obtain a policy whose term expires near his or her retirement ...

4. With-profits policy - Wikipedia

   en.wikipedia.org/wiki/With-profits_policy

   The insurance company aims to distribute part of its profit to the with-profits policy holders in the form of a bonus (Commonwealth) or dividend (USA) attached to their policy (see the bonus section). The bonus rate is decided after considering a variety of factors such as the return on the underlying assets, the level of bonuses declared in ...

5. Types of life insurance - AOL

   www.aol.com/finance/types-life-insurance...

   Some kinds of term life insurance also maintain constant premiums throughout the policy’s life. The four primary types of term life insurance are: Level term policies. Yearly renewable term policies

6. Term vs. Whole Life Insurance: What’s the Difference?

   www.aol.com/finance/term-vs-whole-life-insurance...

   Whether you prefer term or whole life insurance will depend on many factors. Find out how these types of life insurance differ and what each option entails.

7. Can I convert my term life insurance to whole life insurance?

   www.aol.com/finance/convert-term-life-insurance...

   Term vs. whole life insurance. With term life insurance, the policyholder chooses a period during which their policy is active — usually somewhere between 10 and 30 years. The policyholder pays ...