Before searching for life insurance you must know two of the major options available to you.

Term Life Insurance

This Insurance will protect for a limited number of years; expiring without value if the insured survives the stated period, which may be one or more years but usually is five to twenty years. Periods usually cover the needs for temporary protection.

Whole Life Insurance

As long as scheduled premiums are maintained, this insurance is kept in force for a person's whole life. Premiums are paid back to the policy holder in the form of dividends. Policy holders can use the money from dividends in many ways. It can be used to purchase more insurance or it can be used to pay for term insurance.