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Life Insurance Product Comparison

  • Life insurance product comparison

    Term Life Insurance Whole Life Insurance Universal Life Insurance
    Advantages Guaranteed protection at an affordable price
    • Guaranteed, lifelong protection
    • Premiums remain level throughout your lifetime
    • Builds cash value
    • Flexibility to adjust your level of coverage and premiums
    • Permanent protection
    • Builds cash value
    Death Benefit Guaranteed for the term of your policy Guaranteed for your entire life Guaranteed as long as certain conditions are met
    Premiums Remain level throughout term of policy Remain level throughout your lifetime Flexible
    Cash Value N/A Yes Yes
    Access to Your Cash N/A Yes, through policy loans and withdrawals Yes, through policy loans and withdrawals
    Things to Consider Coverage will cease at the end of the term
    • Higher premiums than term insurance
    • Premiums and death benefit are not flexible
    Growth potential is based on market performance, which means there's more risk than with term or whole life insurance



    Contact a Local Agent


    Life insurance and annuities issued by:
    Liberty Life Assurance Company of Boston, a Liberty Mutual company
    Home office: Boston, Mass. Service center: Dover, N.H.