Is there more than one kind of Life Insurance policy I can buy?

To properly view this site, javascript must be enabled and Flash version 9 or higher must be installed.
Get the latest Flash player
Bob Ley with AIG
Vice-President of Sales with AIG American General, AIG
Term Life Insurance  

American International Group, Inc. (AIG), a world leader in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions.  AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer.  In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world.  AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Ireland and Tokyo.

Is there more than one kind of Life Insurance policy I can buy?

In this video, Bob Ley from insurance company AIG discusses the many issues surrounding how to select and purchase life insurance.

This expert: 53,787 views

This series: 53,786 views

Print

Transcripts

Host: Is there more than one kind of life insurance policy I can buy?

Bob Ley: Yes, there is more than one kind of life insurance. But all policies fall into two categories; term insurance, which is pure protection over a specified period of time, and permanent insurance, a mixture of protection and investment which grows the cash value.

Other Videos

  • What are bull and bear markets?
  • How to Repair your Credit In this video, financial planning professional and member of the Financial Planning Association®, Cal Brown, MST, CFP®, describes the four important steps to improving your credit. This video is designed for individuals who have poor credit and are looking for tips to improve their credit. This video series includes an overview of checking your credit, reading and correcting credit reports, improving your credit and getting out of debt.
  • Other than my lender, where can I find help to avoid foreclosure? Give yourself every advantage when you're facing foreclosure. And get tips on how to avoid finding yourself in that situation. Expert Amelia Robinette explains where you can go to get help.
  • How to Start a Small Business This video explains the basics of starting your own business.
  • What should I do if my purse or wallet is lost or stolen? In this video, Linda Sherry details the best ways to prevent identity theft and what you can do if you think your identity has been stolen.
  • How to Select a Real Estate Agent This video provides tips from experienced realtors and mortgage brokers on how to sell a home, buy a home, price a home and select an agent. Get the best deal you possibly can when either buying or selling your home!