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It is a contract that involves a policyholder and insurance company where the insurer has to a specific amount of money in exchange for a premium.

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Term, Whole, Universal, and Variable

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It is a type of life insurance that is planned and used for a specific period of time. It is the cheaper option in comparison to other plans.

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This is another lifetime insurance that has higher premium payments because there is more coverage that comes with the plan. In addition the premiums listed are fixed meaning that they cannot be changed during the lifetime.

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This type of insurance lasts a lifetime and is able to fit your needs as you see necessary. With this type of insurance you can alter your premium payment when you want.

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This is another version of life insurance where certain need have to be met. Like insurance needs, investment goals, and tax planning objectives and in return your family, beneficiaries, receives a payment once you die.

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They are the people listed in your insurance policy that will receive a payment or benefit after you die

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Age

Enrolling for a single individual or for a family

State and location

Health history

Occupation

Policy

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It is the charge that you have to pay to the insurance company to continue the coverage.

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https://www.fidelity.com/life-insurance/life-insurance-planning/what-is-life-insurance

https://www.investopedia.com/terms/w/wholelife.asp

https://www.investor.gov/introduction-investing/investing-basics/investment-products/insurance-products/variable-life

https://www.iii.org/article/what-beneficiary

https://www.insurancehotline.com/resources/the-top-10-factors-that-affect-life-insurance-premiums/

https://www.healthcare.gov/how-plans-set-your-premiums/#:~:text=Five%20factors%20can%20affect%20a,can't%20affect%20your%20premium.