whole life insurance and universal life insurance

For B, the beneficiary should be able to get the death benefit with the $200,000 sum insured and the cash value (dividend) for the whole life insurance.

As for C, it depends on which plan C is doing, for some plans, the beneficiary shd be able to get the death benefit with the sum insured $200,000 and the investment account; but for some plans, the beneficiary shd be able to get the death benefit with the sum insured $200,000 OR the investment account.

In general, if the premium is fully paid, the policy is already in force for more than 2 years and the life insured is not died of suicide within a specific period, then the beneficiary should be able to get the death benefit. For both cases, it depends on each policy details to ensure the beneficiary to get the death benefit in full amount.

If you want to buy the life insurance, I would suggest you to get the universal life insurance, as it offers you the flexiblity and transparency.

If you wanna know more, you can email me at [email protected]
I hope my answer can help you. =)

Thank you

B is the tranditional life insurance. C is the investment link life insurance. B will have the garantee cash value and dividend. The cash value in C depends on investment return. Commonly, if you are young, C will be better to give you a life potection and good return.
Other than life insurance, I think you should also consider about the hosipital and critical illness benefit. It is also part of your risk management. If you want to know more, pls. email to me.