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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.
Expert: Bob Ley with AIG
Vice-President of Sales with AIG American General
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 More »
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