Whole life insurance is a type of permanent life insurance that provides coverage for the policyholder’s entire life. It includes a death benefit as well as a cash value component that grows over time. Premiums are typically fixed and higher than term life insurance.

Term life insurance provides coverage for a specified period (e.g., 10, 20, or 30 years). If the policyholder dies during the term, the beneficiaries receive a death benefit. Unlike whole life, term life does not build cash value, and premiums are generally lower.

Final expense insurance is a type of life insurance designed to cover end-of-life expenses, such as funeral costs, burial, and other related expenses. It is typically a smaller policy and is intended to ease the financial strain on family members after the policyholder's death.

is a type of permanent life insurance that offers flexible premiums and adjustable death benefits. It also includes a cash value component that grows over time based on interest rates set by the insurer. Policyholders can adjust their premium payments and death benefit amounts within certain limits, providing more flexibility compared to whole life insurance.

is a type of insurance contract that provides a guaranteed, predictable stream of income, usually for retirement. The insurer agrees to pay the policyholder a fixed amount of money at regular intervals for a specified period or for the rest of their life. Fixed annuities offer stability and security, with interest rates that are typically guaranteed for a certain period.

Helps cover the costs of long-term care services, including nursing home care, assisted living, or in-home care, for individuals who are unable to perform basic daily activities. This coverage is designed to alleviate the financial burden of extended care needs.