Different Types of Life Insurance

Different Types of Life Insurance

Reading Time: 8 minutesKey Takeaways Seven distinct products: Term, whole, universal, variable, indexed universal, group term, and key person life insurance each solve different problems at different price points Group term dominance: 97% of employers with 100+ employees offer group life benefits, with average costs running $0.15-$0.40 per $1,000 of coverage monthly Key person gaps: 62% of mid-market […]