1. Term life insurance: Term life insurance provides coverage for a specific period of time, usually ranging from 1 to 30 years. If the policyholder dies during the term, their beneficiaries receive a death benefit. This type of insurance is generally less expensive than other types of life insurance because it only provides coverage for a specific period of time and does not accumulate cash value.

2. Whole life insurance: Whole life insurance provides lifelong coverage and includes a cash value component that grows over time. Premiums for whole life insurance are typically higher than for term life insurance because the policy remains in effect for the entire life of the insured person, and a portion of the premium payments go toward building up the cash value.

3. Universal life insurance: Universal life insurance is similar to whole life insurance, but it allows policyholders to adjust the amount of their premium payments and the death benefit as their needs change over time. It also includes a cash value component that can grow over time, and policyholders can withdraw or borrow against this cash value.

4. Variable life insurance: Variable life insurance provides a death benefit and includes a cash value component that can be invested in a variety of sub-accounts, such as stocks, bonds, and mutual funds. The policyholder can choose how to invest the cash value, and the value can fluctuate based on the performance of the underlying investments. This type of insurance carries more risk than other types of life insurance because the policyholder assumes the risk of the investments.