The most common types of pure life insurance are:

• Term insurance
• Permanent insurance

At Allstate Life Insurance Company, you can choose from two types of pure life insurance:

Level Best Gold and Platinum Term Insurance: This term insurance provides affordable, basic insurance protection for a specific period of time. If death occurs within the time limits of the policy, the face amount of the policy is payable (subject to policy limits). This policy also has Elite Index Universal Life: This permanent insurance allows you to vary the amount and timing of your premium payments (subject to satisfying policy premium minimums to keep the policy in force), plus increase or decrease the death benefit (subject to underwriting for an increase and policy minimums for a decrease). With both permanent and universal life insurance your policy accumulates cash value. Generally, universal life insurance policies allow you to borrow a portion of your cash value (subject to policy loan interest rate, within policy limits and sufficient cash to maintain coverage).

Choosing your coverages will depend on your specific needs, desires and circumstances. If you've decided on term life coverage, you're ready to get a quote online. But if you want more information on other coverage options, contact your local Allstate agent.

Products are subject to availability and qualifications. Other terms, conditions and exclusions may apply, including limitations and exclusions that may affect continuation of coverage. For complete details including costs, please contact an Allstate agent.

article provided by AllState Insurance