shopify analytics ecommerce
tracking

Permanent Life Insurance

Permanent Life Insurance Details

Most Life Insurance Buyers Still Don't Get It. Permanent life insurance can be so valuable to most insurance buyers.

About 20 or 25 years ago most people started thinking about buying term insurance rather than permanent life insurance.

The common beliefs were that you could get so much more insurance for your dollar so that was the way to go. Was it?

I sincerely believe that term insurance is the best type of policy for many people but serious consideration should be given to permanent plans like universal life, variable universal life, variable life and whole life insurance. There also is nothing wrong with starting out with term insurance and at a later date converting to a permanent insurance plan...


There is nothing more important than your family's security. What would happen to your family if you died? Would they be provided for? Compare Quality Quotes and Save up to 70%! The process is Fast, Easy and FREE. Click Here To Learn More


The arguments of buying term have a lot of validity. You can get much more for you dollar. You can use the difference and invest it in stocks, bonds, money market funds, mutual funds or real estate. There is a lot of truth to these ideas. But ask yourself how viable is that suggestion?

Will the money be invested? For those who put forth this argument was the extra money really invested over the last 20 or 25 years? The fact is the extra money, more often than not was not invested. In many a case these funds were wasted on trivialities that were considered important at that time but looking back the errors made became quite evident.

If you are a very disciplined person buying term and investing the difference can be a good idea for a while but as you get older you become more aware that you will always need some type of life insurance. Permanent life insurance becomes a necessity.

In your later years you may not be able to qualify for it so it should be purchased as soon as possible...whether you are converting a term policy or you are buying it from the outset...

Bear in mind as you go forward with your life that your family has to be protected in the event of your premature death. Even though the estate tax law has been repealed the amount you pay decreases over the years until the year 2010.

So if you died with a sizable estate you will likely have to pay some estate taxes. The least expensive way to fund the payment of these taxes is through a tax free, upon death, term or permanent insurance policy.

If you are a business whether a sole proprietorship, a partnership or a corporation you will always have a need for life insurance. In the embryonic years of your business you may use a term policy but you should always plan to convert as you progress.

Each individual buyer of life insurance should, therefore, take the time to look at term life insurance as well as permanent life insurance. If you can only handle term premiums at this time, great. You can start with that but plan to convert some time in the future.


Shop and compare Insurance Rates from 100's of the Top Carriers. Get the Best Quotes possible. Save up to 70%. Click Here For Free Quotes


Home Articles Permanent Life Insurance - Article Advantages Of Whole Life Insurance 10 Pay Life Insurance Accidental Death Benefit Beneficiaries Family Financial Planning In Praise Of Whole Life Insurance

Copyright © 2004 - 2019 LifeInsuranceHub.Net. All Rights Reserved.

Protect Your Family With Up To $1,000,000 No Exam Term Insurance.

Tools And Resources

Life Insurance Need Calculator

Recent Articles

  1. About Term Life Insurance - All About Term Insurance

    Want to know a little about term life insurance? I will try to give you some info!

    Read More

  2. Free Life Insurance Quote | Quality Life Insurance Quotes Free

    Let us be your guide through the process of acquiring your free life insurance quote.

    Read More

  3. 30 Year Term Life Insurance - 30 Year Term Insurance

    If you like term life insurance and need to keep it for a long time 30 year term life insurance may be perfect for you.

    Read More

  4. Life Insurance Quotes - Policy Provisions And Explanations

    Life insurance hub is a service dedicated to assisting you in understanding life insurance quotes and how to apply them to your personal life insurance needs.

    Read More

  5. Life Insurance Quote | Term Life And Whole Life Quotes

    Buyers tend to request a life insurance quote or several quotes on varying types of policies when they are in the market for life insurance. Some know exactly what type of policy they want but most...

    Read More