Life Insurance

1. Term Life Insurance

Provides coverage for a specific period (e.g., 10, 20, or 30 years). It's generally more affordable and is ideal for temporary needs like income replacement or mortgage protection.

2. Whole Life Insurance

A form of permanent life insurance offering lifetime coverage with fixed premiums. It builds cash value over time, which can be accessed through loans or withdrawals.

3. Universal Life Insurance

Offers flexible premiums and adjustable death benefits. This policy type also accumulates cash value, providing both protection and investment components.

4. Indexed Universal Life Insurance (IUL)

A variant of universal life insurance where the cash value growth is tied to a stock market index, offering potential for higher returns with some level of protection against market downturns.

5. Accidental Death and Dismemberment (AD&D) Insurance

Provides benefits in the event of death or serious injury resulting from an accident. It's often used as supplemental coverage to traditional life insurance policies.

6. Long-Term Care Insurance

While not a life insurance policy per se, WFG offers long-term care insurance to cover expenses associated with extended care services, which are not typically covered by standard health insurance.