Permanent Life Insurance

Generally, permanent life insurance is a category of products that help you accumulate cash and spend it when you need it. The two types of permanent insurance are whole life and universal life.

Whole life insurance helps you meet final expenses while protecting your assets. Universal life insurance can provide a guaranteed death benefit plus the opportunity to conservatively accumulate wealth in a tax-advantaged way.

What's special about permanent insurance?

Permanent life insurance can provide lifelong protection with guaranteed premiums and cash value with these features:

Safety of principal

Tax-deferred growth at competitive interest rates (under current federal laws)

Cash accumulation

Lifetime protection at level premiums

Flexibility to change the plan

Easy access to your money through policy loans or withdrawals

Plus, the conversion feature helps guarantee your ability to replace existing in-force life insurance with a permanent policy without a physical examination or other evidence of good health.

Contact a team member for details on what's right for you.

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