There’s more to life insurance than taking care of loved ones if you pass away. Life insurance can also be an essential part of a financial plan. In addition to helping protect loved ones with a death benefit, some products can offer growth on a tax-advantaged basis that can be used during your lifetime. The ability to meet more than one need makes life insurance a product that adds valuable flexibility to any portfolio.
Types of Life Insurance
Permanent Life Insurance
Provides coverage that lasts a lifetime as well as options that can cover living benefits.
Term Life Insurance
Provides coverage for a specific length of time and provides the most payout for the money, but does not build cash value.
Permanent Life Insurance
Permanent life insurance is designed to provide coverage for life. Many permanent life insurance products also have options that can be used while living, such as a way to help pay for long-term care expenses or a college education. Permanent life insurance products include: Universal Life, Indexed Universal Life, Whole Life, and Variable Universal Life.
Brighthouse SmartCareSM
Explore a hybrid life insurance product that can protect your family and provides long-term care coverage, should you need it.
Learn more.
Term Life Insurance
Term life insurance covers you for a fixed number of years, such as 1, 5, 10, 20, or 30 and pays a death benefit if you pass away during the covered time period. Most term insurance policies offer a level premium, death benefit, and the ability to convert to a permanent policy if your needs change. You can also choose coverage for current needs and add optional riders for future needs.
Guaranteed Level Term
Available in coverage amounts of $1 million or more, with premiums guaranteed to stay the same throughout the level premium period.
Learn More.
Looking to Make a Payment on Your Life Policy?
Use Quick Pay to conveniently and securely make an online payment on an existing life insurance policy.