What type of life insurance can be sold?

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2026-08-02 08:05

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There are several types of life insurance that can be sold, including term life insurance, whole life insurance, universal life insurance, and variable life insurance. Term life provides coverage for a specific period, while whole life offers lifelong coverage with a cash value component. Universal life allows for flexible premiums and death benefits, and variable life includes investment options that can affect the cash value and death benefit. Each type serves different financial needs and goals.

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