Sure, I can help you with that. Here’s an article on Life Insurance:
Life Insurance: What It Is, How It Works, and How To Buy a Policy
Life insurance is a legally binding contract between a life insurance company and a policy owner. A life insurance policy guarantees the insurer pays a sum of money to one or more named beneficiaries when the insured person dies in exchange for premiums paid by the policyholder during their lifetime 1.
There are two main types of life insurance policies: term life insurance and permanent life insurance. Term life insurance policies expire after a certain number of years, while permanent life insurance policies remain active until the insured dies, stops paying premiums, or surrenders the policy 1.
Many different types of life insurance are available to meet all sorts of needs and preferences. Depending on the short- or long-term needs of the person to be insured, the major choice of whether to select temporary or permanent life insurance is important to consider 1.
When selecting a life insurance policy, it’s important to consider the financial strength of the life insurance company that issues it. State guaranty funds may pay claims if the issuer can’t 1.
I hope this helps! Let me know if you have any other questions.