Question by : Kindly explain the different types of life insurance?
Also, which type of life insurance is best suitable for various ages groups, pro/cons, etc.
Best answer:
Answer by car253
Term insurance with level premiums and a level death benefit for 20 or 30 years is best.
Whole life and Universal life are expensive that makes the insurance agent rich.
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There are more types of life insurance than room here to explain. The best advice is to ask your insurance broker.