Policy types
![Grandfather and grandson playing in the den, grandfather is healthy enough to qualify for senior life insurance](/-/media/project/pli/protective/learn/life-insurance-basics/_learn_senior-life-insurance-101_seniors-grid_of_cards_3_col-3.jpg?h=200&iar=0&w=400&hash=A5EEA02C92CA58B01A1C05243602B565)
Life insurance for seniors
You might think that once you hit retirement you don't need life insurance. However, it might be a good idea for some. Here's what you need to know about life insurance as you approach your golden years.
![A family laying with their newborn considering types of life insurance for children they may purchase.](/-/media/project/pli/protective/learn/life-insurance-basics/_learn_three-ways-to-buy-life-insurance-for-children_baby-grid_of_cards_3_col-12.jpg?h=200&iar=0&w=400&hash=C6C048E40F80E1EC0FC2C68D81E4205B)
3 ways to buy life insurance for children
If you have decided that you are interested in purchasing life insurance for your child - and there are lots of reasons that is a good idea - here are three different ways to get that coverage.
![African-american advisor speaking to a woman about the benefits and differences in whole life insurance](/-/media/project/pli/protective/learn/life-insurance-basics/_learn_five-financial-benefits-to-buying-whole-life-insurance_pli-grid_of_cards_3_col-25.jpg?h=200&iar=0&w=400&hash=445C4A411954A5A770AE74215DFC0E5F)
Whole life insurance financial benefits
While whole life insurance may not be right for all, there are financial planning benefits to purchasing this type of permanent or cash value policy.
![Young man walking, drinking coffee, and exploring credit insurance options on his smartphone.](/-/media/project/pli/protective/learn/life-insurance-basics/_learn_what-is-credit-insurance_mtma-grid_of_cards_3_col-6.jpg?h=200&iar=0&w=400&hash=FD4DD60BC870E837A0B4A1572CCFDCA3)
What you should know before buying a credit insurance policy
Because your financial life doesn't always go as planned, credit insurance can be a way to protect your finances.
![Senior couple in bike helmets enjoying the outdoors](/-/media/project/pli/protective/is_an_adandd_insurance_policy_the_same_as_having_a_life_insurance_policy_rollup.jpg?h=200&iar=0&w=400&hash=1734D41681E97781DAEFAC53C615D66F)
AD&D insurance vs life insurance policies
An AD&D insurance policy is not a replacement for a standard life insurance policy, but it does offer a payout under certain conditions and can provide you with valuable coverage.
![A young couple biking along the ocean with the benefit of having permanent life insurance.](/-/media/project/pli/protective/learn/life-insurance-basics/learnthreereasonstoconsiderapermanentlifeinsurancepolicyfamilygrowngridofcards3col21.jpg?h=200&iar=0&w=400&hash=139B52BA0CA8FAC74C0A5B0473BBFD4F)
3 benefits of permanent life insurance policies
While term insurance is extremely popular, there are good reasons to consider a permanent type of life insurance - including the potential for lifetime coverage.
![Young family consisting of a mother, father and baby, cuddling on the couch.](/-/media/project/pli/protective/learn/life-insurance-basics/_learn_what-is-survivorship-life-insurance-and-how-is-it-used_family_young-grid_of_cards_3_col-41.jpg?h=200&iar=0&w=400&hash=CB636C2C0BD416BA9950BD4C8A1AA858)
Survivorship life insurance definition and how it works
Survivorship life insurance offers a very different option in life insurance. Designed with very specific purposes in mind, you may want to see if this type of insurance is right for you.