Term Life Insurance is a basic insurance payable to beneficiary upon death to cover specific needs for a period of time between 10-30 years with no cash value.
.

Whole Life Insurance provides a simple permanent policy to last your entire life with a cash value component with a death benefit and premium that remains the same for life as long as the guaranteed premiums are paid.
.

Universal Life insurance is a permanent life insurance policy that you can raise or lower the premium amount paid into the policy within the limits of the policy and can adjust to different life circumstances.
.

Indexed Universal Life Insurance is a permanent policy that has flexible premiums and higher cash value component to it.