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Life insurance is a broad field that becomes simpler when broken down into two major categories: Term Life and Whole Life.
Term insurance is by far the most popular choice when considering options to protect your family in the event of an unexpected death. At the beginning of the contract you elect an amount of time this insurance will cover you, usually no more than 30 years. If the specified time is outlived, nothing will be paid out by the company. This allows for large benefit amount during the term of the contract at a premium that is typically much more affordable than coverage for your whole life while providing a safety net for your beneficiary/beneficiaries during the years they'll need it most. Term insurance is highly customizable, but will require an applicant be medically underwritten before coverage is approved.
Whole life insurance will cover you for as long as you live or pay out the benefit upon reaching age 100. It accumulates cash values - a portion of your premium that goes towards an interest bearing account which you have the right to withdraw from - meaning this product can work well as an investment vehicle. This product is medically underwritten and it's premium will be determined by age, gender, and health status. It is usually higher priced than term insurance, but it is guaranteed to one day pay a benefit out.
One type of whole life insurance is a final expense policy. Final expense is a whole life product that has a much lower benefit amount (usually no more than $25,000) often used to protect a family from high funeral/burial costs.