The advantage of permanent life insurance is that it never expires… no matter how long the policy holder lives, the policy will pay the benefit when he or she dies. Also, the excess premium paid into the policy is GUARANTEED to grow at a certain rate of return, providing financial certainty for retirement and business buyout scenarios.
The disadvantage of permanent life insurance is its higher monthly premium.
PERMANENT Life insurance is an excellent choice for:
- Members who want a systematic savings plan to reach certain financial objectives at some point in the future.
- Members who own businesses, and want to protect against loss of an important partner or co-worker.
Contact us today for a free, no-obligation quote.