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 D.W. Mughmaw Insurance Agency 
Life Insurance - What are the principal types of life insurance?
There are two major types of life insuranceterm and whole life. Whole life is sometimes called permanent life insurance, and it encompasses several subcategories, including traditional whole life, universal life, variable life and variable universal life. In 2003, about 6.4 million individual life insurance policies bought were term and about 7.1 million were whole life.
 
Term Insurance is the simplest form of life insurance. It pays only if death occurs during the term of the policy, which is usually from one to 30 years. Most term policies have no other benefit provisions
 

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D.W. Mughmaw Insurance Agency 
1032 NH Route 119
Sepco Building
Rindge NH 03461

Telephone: (603) 899-3231
Fax: 1-603-218-6954
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Office Hours:
Monday - Friday 9:00 am - 5:00 pm

 
 

 

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