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Business and Personal Finance Unit 4 Chapter 14 © 2007 ... - Quia

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Section <strong>14</strong>.4<br />

Life Insurance<br />

Types of Life Insurance Policies<br />

You can purchase life insurance from:<br />

• Stock life insurance companies, which<br />

are owned by shareholders<br />

• Mutual life insurance companies, which<br />

are owned by their policyholders<br />

Insurance policies can be divided into two types:<br />

term insurance <strong>and</strong> whole life insurance.<br />

<strong>Business</strong> <strong>and</strong> <strong>Personal</strong> <strong>Finance</strong> <strong>Unit</strong> 4 <strong>Chapter</strong> <strong>14</strong> © <strong>2007</strong> Glencoe/McGraw-Hill<br />

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