Term Life –  Lowest rates, which allows the most coverage for the least amount of money for a term of 10,15,20,25 or 30 years. No cash build up.

Universal Life – Provides permanent protection and accumulates cash values that can be used for emergencies or to meet specific objectives.

Whole Life – With level premiums and the accumulation of cash values, whole life insurance is a good choice for long-range goals.