Guaranteed issue life insurance offers coverage with no medical exams or health questions. This is ideal for individuals who have health concerns and may not qualify for other types of life insurance. It guarantees acceptance but often comes with a waiting period and higher premiums.

Final expense insurance is designed to cover funeral costs and other end-of-life expenses. It’s often easier to qualify for than traditional life insurance, and it provides peace of mind knowing that your loved ones won’t be burdened with these costs.

Universal Life Insurance (Indexed Universal Life or IUL) combines lifelong coverage with the potential to grow cash value linked to a stock market index. Premiums are flexible, and policyholders can adjust coverage as needed. The IUL offers the potential for higher returns while maintaining a death benefit.

Whole life insurance provides lifelong coverage and builds cash value over time, which can be borrowed against or used to pay premiums. It offers the stability of fixed premiums and a guaranteed death benefit, making it a great option for long-term financial security and legacy planning.

Term life insurance offers coverage for a specific period, usually 10, 20, or 30 years. It’s a simple and affordable option for those who need temporary coverage, like protecting your family while raising children or paying off a mortgage. If the insured passes away during the term, the beneficiaries receive a death benefit.