Permanent life insurance is Cash Value Life
Insurance, such as endowments, whole or ordinary
Life policies. Permanent life is a policy
that cover the life of the insured, with
permanent life insurance the payout is assured
at the end of the policy (assuming the policy is
kept current). Permanent life insurance
also accrues cash value. Permanent life
insurance is ideal for those with long-term
needs, because it is the least expensive over
time as the premiums are fixed and accrue a tax
deferred cash value. Also, permanent life
insurance provides death protection for as long
as you live. Lastly, there can be
significant fee associated with setting up a
permanent life insurance policy, but generally
the tax advantages and cash value make it a wise
investment over time. Looking for
Group Life Insurance?
Life Insurance Calculator
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Enter your current assets, expenses,
income and let us determine how much
life insurance you need.
