Northwestern Mutual

What Are the Different Kinds of Life Insurance?

Learn about the two main types of life insurance: term and permanent, also known as whole life insurance, and why you would buy one versus the other.

Most people understand the purpose of life insurance is to help provide financial resources to your loved ones should you pass away. What kind of life insurance should you buy? The answer is it depends. In this video, you’ll get a brief overview of the two main forms of life insurance, term and permanent, also known as whole life, and why someone would purchase one versus the other.

Want to learn more? Download our guide "Term or Permanent Life Insurance: Which Option Is Right for You?" to help you make a more informed decision regarding one of your most important purchases.