Provides coverage and a death benefit for a specific period. You receive "pure" life insurance coverage.
A 403(b) plan is an employer-sponsored retirement plan for certain employees of public schools, tax-exempt [501(c)(3)] organizations, and churches.
A life insurance policy provides a tax-free lump sum of money to replace lost income after your death, offering affordable financial protection — and invaluable peace of mind — to people whose friends or family rely on them.