Permanent life insurance refers to a type of life insurance policy that never expires, unlike a term life insurance policy, and combines both a death benefit with a savings component.
Permanent life insurance provides lifetime coverage, as long as you pay your premiums on time.
Whereas, term life is temporary, providing coverage for a specific duration, usually from 10 to 30 years.
Learn more about what type of life insurance never expires.
Permanent life insurance provides lifetime coverage, as long as you pay your premiums on time.
Whereas, term life is temporary, providing coverage for a specific duration, usually from 10 to 30 years.
Learn more about what type of life insurance never expires.
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