A. Life insurance companies offer different types of term life products largely to target different market segments. Right now, the following life insurance carriers offer 2 term life products:
- AIG: AG Select-a-Term vs. QoL Flex Term (with 3 free living benefits riders)
- John Hancock: Term with UPR vs. Term with Vitality (with flexible premium)
- Protective: Custom Choice vs. Classic Choice (no essential difference)
- Prudential: Term Essential vs. Term Elite (no essential difference)
- Transamerica: Trendsetter Super vs. Trendsetter LB (with free living benefits riders)