​Guide to types of life insurance​

Learn about the common types of life insurance out there and what they are for.

9 lessons, total duration 31 minutes

What you will learn

  • Get an overview of common life insurance products and what they are good for.
  • Compare bundled and unbundled life insurance products.
  • Understand the difference between participating and non-participating products.

Who it is for

Working adults.

Prerequisites

A basic understanding of insurance.

Description

With so many types of life insurance out there, choosing one that matches your needs can be daunting. Some offer pure protection, while others have a protection and investment component.

In this starter pack, you'll get to know about different types of life insurance products and how they compare with the others, so you can select one that's right for you.

You'll learn about:

  • Term insurance
  • Whole life insurance
  • Endowment insurance
  • Investment-linked insurance policies
  • Annuities

You'll also learn the difference between bundled and unbundled plans, and participating and non-participating plans.

Last updated on 05 Nov 2018

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