Common Types of Life Insurance

July 11, 2019

Having choices is good, but in the world of life insurance, the number of options and terms can seem overwhelming. Sometimes, there are just too many fish in the sea to easily recognize which one you want to reel in. But don’t worry. A quick overview of the main options available will help weed out the definite no’s and find your best matches. Life insurance falls into two main buckets: term life insurance and permanent life insurance. All other types of life insurance are variations of these two.

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Insurance Technologies is transforming the insurance and financial services industries with innovative sales and regulatory automation solutions. We automate and modernize the entire sales process for advisors, agents and their customers, advancing the way insurance, retirement and investment products are marketed, sold, bought, delivered and managed. From pre-sale functions to quoting and illustration through e-application to post-sale services, our suite of integrated sales tools and components make the sales and buying experience intuitive, fast and mobile. We architect our solutions to deliver front and back-office configurability and usability to support multiple business strategies, encourage cross-channel growth, and evolve with regulatory changes. For more than 25 years, our focus has never wavered: We have always believed Insurance Technologies should be the partner the industry can count on. We exist to make the complex simple. We develop and deliver best-in-class sales solut

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