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/* Overview of Life Insurance */
* To cover post death expenses like funeral, medical bills and to settle debts.
''Source:http://publishmyself.net/home-and-family/seniors-and-elder-care/do-retired-people-seniors-still-need-life-insurance/''
===Types of Life Insurance===
Broadly Life Insurance is divided into Temporary Life Insurance and Permanent Life Insurance. These can be further sub classified. Various life insurance policies prevailing in United States are:
[[Image:types.jpg|thumb|center|600px|http://www.metlife.com/individual/insurance/life-insurance/index.html#overview Source: metlife.com]]
Depending on the requirements of the individuals companies are giving them an option whereby they can convert their temporary insurance policy to permanent insurance policy.
