1.  Term Life Insurance

• Term insurance is the most affordable type of insurance.

• Term can last from 10, 15, 20, and up to 30 years.

• Term insurance can provide coverage up to 8 million dollars.

• Most companies allow policy holders to convert to whole life insurance.

• Your term insurance can be cancelled if you miss a payment.

• Only 1% of term insurance policies pay out, according to research.

   2.  Return of Premium

• Return of Premium (ROM) allows policyholders to recover all the premiums they paid over the contract years.

• Adding a return of premium rider to term or whole life policy may boost its cost substantially.

• The ROP provides life insurance for a specific term, such as 10, 20, or 30 years.

• If you die before the specified term, the beneficiary will receive the payment.

• However, if you outlive the ROP, the insurance company will refund the total amount you paid over the years.

   3.  Whole Life Insurance

• Is a Permanent type of insurance and offers the best coverage.

• Whole Life insurance is designed to last the rest of your life.

• Whole Life insurance includes a Death Benefit package.

• Whole Life insurance includes a Living Benefit package.

• Whole Life insurance includes a Cash Benefit package.

• You can borrow money, use policy as collateral, and much more.

• Whole Life is guaranteed not to lose your money.

• Whole Life insurance policies are Tax Sheltered contracts.