Life Insurance Direct What Are The Pros And Cons Of Term Insurance | страница 19

Permanent Life Insurance Permanent Life Insurance –This is actually more of an umbrella term to cover what is an insurance policy that will cover a person from the time they get it to the time they die, and yes it doesn’t matter how long they live, they’ll still receive it! This is the insurance that people usually swear by because it never expires. The only real drawback is that it can involve high premiums, depending on the coverage. It is the worry-free choice for most, though.