Purchasing life insurance is a simple way to provide financial stability for your loved ones. In most cases, life insurance policies can provide tax-free death benefits to beneficiaries. When it’s time to start thinking about life insurance, it’s important to begin by understanding the different types that are available and how they meet different needs. The broadest categories of life insurance are term and permanent policies. In this ebook, we’ll look at these two main types of life insurance, some of the variations you can find within them, and how to decide which type of plan is best for you.