Comparison of Life Insurance Policies

Life Insurance
The Purpose of life insurance is to guarantee, at the time of the insured’s death the specific amount of funds to be paid to each beneficiary.
Comparison of Life Insurance Policies
Type of Policies
Premiums
Insured Amount
Account Value
Investment
Universal Variable Life
Flexible
Guaranteed Minimum
Accrues Value
Mutual Funds
Universal Variable Life/Multi-currency
Flexible
Guaranteed Minimum
Accrues Value
ETF/Indexes
Index Universal Life
Flexible
Guaranteed Minimum
Minimum Guaranteed Return
S&P500 Index
Term
Fixed
Guaranteed Fixed Amount
No
No
Term with Return of Premium
Fixed with return of premium at the end of the assured period
Guaranteed Fixed Amount
No
Guaranteed return of premium at the end of the period