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.
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Guide to types of life insurance
Life insurance: Comparing term and bundled products Understanding term insurance Understanding whole life insurance Understanding endowment insurance Participating versus non-participating policies Understanding investment-linked insurance policies Investment-linked policies: Guide to fees and pricing Investment-linked versus participating life insurance policies Understanding annuities
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