The two categories are temporary (term) and permanent life insurance.

Term Life Insurance provides coverage for a pre-determined amount of time--typically between 1 and 35 years. Death benefit will pay out if the policy owner passes away within the term of the policy.

The Return of Premium (ROP) Term insurance policy returns all contributed premiums if the insured outlives the term period.

Whole Life Insurance is permanent life plan that provide coverage throughout your entire life. 

Universal Life is a type of permanent life insurance that give policy holder flexitivity in paying premiums, a cash saving component, and a death benefit.

Indexed Universal Life (IUL) is a permanent policy similar to a traditional Universal Life(UL) policy throughout its flexibility of premiums and death benefits. However, it also features, a higher growth potential through indexed interest crediting. It also includes living benefits.

Living Benefits apply if you become terminally ill, chronically ill, critically ill, or critically injured. 

Affordable life insurance designed to cover medical bills and funeral cost without a medical exam or blood work requirement.