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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. Life insurance - Wikipedia

   en.wikipedia.org/wiki/Life_insurance

   Group life insurance (also known as wholesale life insurance or institutional life insurance) is term insurance covering a group of people, usually employees of a company, members of a union or association, or members of a pension or superannuation fund. Individual proof of insurability is not normally a consideration in its underwriting.

4. What is short-term life insurance? - AOL

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

   Short-term life insurance is meant as a sort of stopgap in life insurance and not as an alternative to long-term life insurance. If you’re ready for a long-term policy now, you might consider a ...

5. Term life insurance - Wikipedia

   en.wikipedia.org/wiki/Term_life_insurance

   Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions.

6. Life Insurance: How to Choose The Best Option for You ... - AOL

   www.aol.com/life-insurance-choose-best-option...

   There are two main types of life insurance policies: Term and Permanent. Term Life Insurance Policies . Term life insurance provides temporary coverage for a specific period, usually ranging from ...

7. Cash value - Wikipedia

   en.wikipedia.org/wiki/Cash_value

   Cash value refers to an investment component in life insurance that grows tax-free over the course of the policy's life. Cash value is a part of permanent life insurance policies and is a living benefit that the policyholder can use during his or her lifetime. [1]