Permanent Life Insurance

Permanent life insurance smiling family

What is permanent life insurance?

It’s life insurance that lasts forever. 

It guarantees your loves ones receive what they need.

Permanent life insurance policies can also build cash value over time, giving you a stable investment with tax-free growth to use any time you’d like.

How does it work?

  • Your life insurance does not expire.
  • You can pick a specific amount of insurance that covers your needs.
  • The payout is tax-free to your beneficiary.
  • Your cash value grows on a tax-free basis and you can use it whenever you need it.
  • You can pay monthly, annually or with an IFA.
  • Depending on your age and health, you may be able to get instant approval without providing medicals.

How much does life insurance cost?

Several factors determine the price of life insurance, including: 

  • Amount of insurance needed
  • Age
  • Health
  • Gender
  • Occupation
Whole life insurance smiling family

What types of permanent insurance are there?

Participating Whole Life Insurance

  • Participating life insurance does not expire
  • Guarantee your family receives the money they need
  • Ensure your estate has liquidity for taxes and immediate needs
  • Increase your net worth with the cash value that grows tax-free and use it for retirement cash flow, children’s education and any other need
  • Flexible payment options

Universal Life Insurance

  • Universal life insurance does not expire
  • Guaranteed cash values on some policies
  • Flexible and diverse range of investment options
  • Ensure your estate has liquidity for taxes and immediate needs
  • Flexible payment options