2. OVERVIEW 3. Types of life insurance 1.Term Life Insurance
Policy Pays if ensured dies during the term You can review most
terms insurance policies for one or more terms 2. Permanent Life
Insurance (cash value) Can build cash value over time Can borrow
against the cash value 4. Types of Permanent Life Insurance 1.Whole
Life Insurance Guaranteed annual cash value growth Guaranteed death
benefit 2. Universal Life Insurance Lets you determine amount &
timing of premium payments 3. Variable Life Insurance Allows
allocation of investment 5. RECOMMENDATION 1. Inform yourself about
different insurance companies 2.Talk to agent and determine the
type of life insurance best for you 3. Pay attention to you life
insurance illustration 4. Be aware of medical evaluation and how
affects your premium 5. Review your policy constantly throughout
your life. 6. Rating title Insurance companies 7. Remember
