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What type is right for me?

There are many factors to consider when choosing a life insurance plan that will meet your needs now and in the future. The information below may help you decide how much and which type of life insurance coverage is best to get more out of life.

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How much life insurance do you need?

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Will my savings last my lifetime?


Life insurance comparison

Use this chart to get an overview of the differences between these types of life insurance and see which one might best meet your needs. An advisor can walk you through your options and discuss the right type for you.

  Term Universal Variable Universal
Coverage Temporary Permanent Permanent
Tax-Deferred No Yes Yes
Premium Fixed Flexible Flexible
Dependent on Investment Performance No No Yes
Death Benefit Yes, within term only Yes Yes
Cash Value No Yes, flexible Yes, flexible

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