There are basically 4 types of Life Insurance

1)Whole Life is a permanent Insurance which is a combination of Death Benefit with   saving elements. It is quite expensive

2)Universal Life is a blend between Whole Life and Term Life where the cash value grows based on the current interest rate set by insurer

3)Variable Universal Life (VUL) is a type of permanent life insurance policy that allows for the cash component to be invested in the market. 

4)Term Insurance: Term life insurance, also known as pure life insurance, is life insurance that guarantees payment of a stated death benefit during a specified term. Once the term expires, the policyholder can either renew it for another term or convert the policy to permanent coverage with the same company.

You may contact us to find out which type of Life Insurance is suitable for your situation.