Permanent Life
Permanent life insurance is one of the two main categories of life insurance. All life insurance products fit into either a permanent life insurance or term life insurance category.
Permanent life insurance is a form of insurance in which your premiums stay level and never increase for life. Your death benefit stays level as well, and may even increase depending on the type of product that you choose. If you ever decide to cancel after a certain period of time, you can also get back some of your paid premiums/investment into the policy. The different types of permanent insurance are:
If you have any questions, or would like to know which type of permanent life insurance suits your needs, feel free to give Team Levine a call!