A life insurance policy is a type of multiple-line insurance policy

that provides coverage and financial protection in the event of the insured person's death. In addition to the primary life insurance coverage, these policies may also offer various riders or additional benefits, such as critical illness coverage or accidental death benefits.

The "multiple-line" aspect refers to the combination of different coverages within a single policy, typically involving life insurance as the primary component and other riders or supplementary coverages that can be added to enhance the policy's scope.

In summary, a life insurance policy is a versatile and multifaceted multiple-line insurance policy that provides not only a death benefit but also the potential for customization through riders and the opportunity to build cash value, making it a valuable tool for financial planning and protection.