Permanent Life Plans

Permanent life insurance is distinguished from term insurance in different ways. While term insurance provides protection only for a specific period of time, permanent insurance can provide protection for our entire life. In addition, permanent life insurance policies can build a cash value--money that you can borrow against and, in some instances, withdraw. (See each contract for provisions on cash values, loans, loan interest and withdrawals) Permanent life insurance policies enjoy favorable tax treatment. Cash value growth is generally on a tax deferred basis, meaning that we pay no taxes on earnings in the policy so long as the policy remains in force. Consult with your tax advisor.

Make an informed decision!

Be sure to receive a brochure, read it carefully before you pay money, and examine your policy upon receipt, if not satisfied notify the carrier immediately.