What Are The Various Types Regarding Whole Life Insurance Policies?

Standard life insurance will normally continue until the policy holder reaches the age of 90 or 100, depending on the policy. There are some other types of plans which are considered to be fully paid when the holder reaches a certain age, such as 65 years old or when payments have been made for a certain amount of years. Some variations exist on whole life insurance policies that could allow, for example, more than one person to be covered, such as a couple or a family. Some other policy types also have different structures for paying premiums, such as a fixed payment throughout the policy or a graded premium that increases over time.