Insurance Life Policy Premium Single
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Insurance bond - An insurance bond (or investment bond) is a single premium life assurance policy for the purposes of investment.
Whole life insurance - Whole life insurance provides for a level premium, and a cash value table included in the policy guaranteed by the company. The primary advantages of whole life are guaranteed death benefit, guaranteed cash values, fixed and known annual premiums, and the fact that mortality and expense charges will not reduce the cash value shown in the policy.
Life insurance - Life insurance (Life Assurance in British English) is a type of insurance. As in all insurance, the insured transfers a risk to the insurer, receiving a policy and paying a premium in exchange.
Universal life insurance - Universal Life (UL) is a type of permanent life insurance based on a cash value. That is, the policy is established with the insurer where premium payments above the cost of insurance are credited to the cash value.
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