PolicySolutionsWhich type of life insurance fits your situation?
There's no single "best" policy — the right type depends on what you're trying to protect and for how long. Answer five quick questions and we'll point you to the kind of coverage that usually fits, and why. This is educational, not advice, and nothing is saved — a licensed agent confirms what actually fits you.
In short: There's no single "best" policy — the right type depends on what you're trying to protect and for how long.
This is educational only — not a recommendation, a quote, or a guarantee of coverage. The right policy depends on your full situation and health, and final pricing is set by the carrier after underwriting. A licensed PolicySolutions agent will confirm what actually fits you.
The five main types, in plain English
Most people fit one of these — and many families combine two, like term for the mortgage years plus a smaller permanent policy for life.
Term life
Coverage for a set number of years (10–30). The most coverage per dollar, so it's the usual fit when you need to protect income or a mortgage for a specific window. More about term life →
Whole life
Permanent coverage that does not expire for as long as premiums are paid, and builds guaranteed cash value, for a higher premium. Fits lifelong needs and leaving a guaranteed benefit. More about whole life →
Final expense
A smaller whole-life policy, often simplified or guaranteed issue, built to cover funeral and end-of-life costs — common for seniors or those with health conditions. More about final expense →
Indexed universal life (IUL)
Permanent coverage with cash value tied to a market index (with caps and floors). More complex; suited to long-term, tax-deferred accumulation goals — tax-deferred is not tax-free — always reviewed with a personalized illustration. More about IUL →
Mortgage protection
Term coverage sized to your mortgage so the home is paid off if something happens to you. More about mortgage protection →
Once you know the type, the next question is how much. Our guide to how much life insurance you need walks through the DIME method so you can work out your own number.
Not sure? That's exactly what we're here for.
A licensed agent compares the carriers we represent to match the right type and a competitive rate for your situation — no pressure, no obligation.
Talk to a licensed agent →