Comparing investment-type life insurance policies
Go to this part of the FSA site to find out what you should check out in an investment-type life insurance policy, and how to make comparisons between insurers and their offers.
FSA - Life Insurance >

Comparing non-investment (term) life insurance policies
Go to this part of the FSA site to find out what you should check out in a non-investment (term) life insurance policy, and how to make comparisons between insurers and their offers.
FSA - term insurance >

Types of life insurance
There are two types of life insurance.

Investment life insurance builds up a cash sum which pays out either if you die, or at the end of the agreed term, or life, of the policy. What you get depends on how the investments behave.

Non-investment life insurance provides protection for your dependents. If you die within an agreed timescale (the term), the policy pays out a lump sum. If you survive the term, it pays out nothing at the end of it. Since it provides protection only, it is cheaper to buy than investment life insurance.

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