10 of the Best Life Insurance Policy Options

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Looking for peace of mind? Having the right life insurance policy can go a long way to giving you the comfort of knowing that your loved ones will be cared for if the unthinkable happens. You can choose from several types of life insurance policies, including term, universal and whole. Term life insurance is the least expensive option, and it guarantees your premium for a limited time — usually 10 to 20 years or so. Whole life insurance has fixed premiums and it provides coverage for your lifetime. It builds value over time, which gives you the option to take out a loan if needed or use the cash value to increase your insurance coverage.

Sometimes thought of as "death insurance policies," life insurance policies pay benefits to the people you designate as your beneficiaries when you die. Looking for the best life insurance policy in the USA? Check out our top 10 life insurance policies and start comparing insurance policies pros and cons to find the one that's right for you.