Blended Insurance Program

Updated: 11 March 2024

What Does Blended Insurance Program Mean?

A blended insurance program is a type of life insurance that combines features of whole life and term life insurance. It is often referred to as an integrated insurance program. It is commonly offered to people as an alternative to whole life or term life insurance when neither fits their particular needs.

Insuranceopedia Explains Blended Insurance Program

Like term life insurance, blended life insurance has lower premiums. It also, however, has an investing component, which is normally only the case for whole life insurance policies. If the investments do well, the profits derived from them can be used to pay for premiums in the future, which gives the policy the potential to turn into a pseudo-whole life insurance policy.


Integrated Insurance Program

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