#best life insurance
The chart above displays the percentage breakdown of policy types across all Life Insurance on Credio.
These are the various policies that are offered by the company.
- Term Life Insurance: provides temporary coverage for a specific length of time (the term). It offers a fixed death benefit (tax exempt) and premiums that stay constant, increase, or decrease over time. Term life policies are usually cheaper than permanent policies, but do not build cash value. The only value of the policy is in the protection it provides in the event of the policyholder’s death during the term.
Index Policy Available Riders
Life insurance riders are modifications to the policy made at the same time it is issued. Riders change the basic policy to provide additional features for the person being insured.
The chart above displays the percentage breakdown of index policy available riders across all Life Insurance on Credio.