life insurance

Types of Life Insurance


Term life insurance is a type of life insurance that provides coverage for a specified period of time, or “term.” If the policyholder dies during the term of the policy, the beneficiary named in the policy will receive a death benefit, which is a lump sum payment intended to help the beneficiary financially.

whole life / final expense

Whole life insurance, also known as permanent life insurance, is a type of insurance policy that provides coverage for the entire life of the policyholder.

It typically includes a savings component, which allows policyholders to build cash value over time. This cash value can be borrowed against or withdrawn, subject to certain terms and conditions.


Variable life insurance is a type of permanent life insurance policy that allows policyholders to invest a portion of their premiums in a variety of investment options, known as subaccounts. These subaccounts may include stocks, bonds, mutual funds, and other securities.

Like other types of permanent life insurance, variable life insurance provides coverage for the entire life of the policyholder and includes a cash value component that grows over time.


Universal life insurance, also known as adjustable life insurance or flexible premium life insurance, is a type of permanent life insurance policy that combines the death benefit protection of a traditional life insurance policy with a savings or investment component. The cash value component of the policy may be invested in a variety of financial instruments, such as stocks or bonds.

Your First Task: identify your needs

Since there are so many carriers at competitive prices, the most important decision is for you to accurately understand your objectives, prior to purchase. We can help you clarify this, it’s the vital first step.

Then, we will find the price and benefit amount combinations that fit those objectives. We’ll explain all the complicated language and describe what happens under different situations.


it’s a buyers’ market

Finding a premium to fit your budget will not be the issue. The market is incredibly competitive.

However, that doesn’t mean that simply choosing on price alone is a good idea. The reason? Carriers have very different medical questions, and the policies can (and will) have different benefits, cash value, and some allow you to borrow against the cash value.



First, you can get a quote by clicking the link here.

After that, you can contact us directly by filling out the form, and one of our team will reach out to you, your information will not be sold or shared with anyone, that’s our guarantee.

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Jae W. Oh, MBA, CFP®, CLU® ChFC® is the Managing Principal of GH2 Benefits, LLC. He is a Certified Financial Planner, Chartered Life Underwriter, a Chartered Financial Consultant, and a licensed insurance producer in multiple states. He is the author of Maximize Your Medicare (Allworth Press). nationally-recognized Medicare expert, frequently quoted in the national media, including,, Fox Radio News contributor and lead contributor to

In addition, Mr. Oh is an Education Fellow at the Alliance For Lifetime Income..

I have been a speaker in the front of disability attorneys on multiple occasions, including the State Bar of Michigan.

Life Insurance has multiple uses. We work with our clients to correctly determine what function life insurance will play in your financial future. Then, we will filter though the 100s of plans and combination available.