Because you have come to know what is life insurance, now you should know about the major types of life insurance plans: Term Life Insurance Plan – Pure Risk Cover Unit Linked Insurance Plan (ULIP / ULIP) – Insurance as well as Investment Opportunity Endowment Plan – Insurance and Savings Money Back – Periodic returns with insurance (periodic returns) (Whole Life Insurance) – Whole Life Coverage for Life Assured / Whole Life Coverage for Insured Child Plan (Children’s Plan) – Children’s life goals (Jeevan Dhyaya) like education and marriage (Retirement)…