Learn about permanent life insurance and how it compares to term life insurance.
Understand the features of permanent life insurance, its types, benefits, and how it differs from term life insurance.
A permanent life insurance policy can provide coverage for the rest of your life — unlike term life insurance, which covers you for a certain number of years.
Learn about the difference between term life insurance and permanent life insurance and find out which type of coverage may be best for your needs.
Term life insurance covers a certain number of years; permanent life insurance continues for your lifetime, provided you pay the agreed premiums.
Most term life insurance policies allow you to convert them to a permanent life insurance policy. Find out how.
Term life insurance expires, but you can convert your term policy to permanent life insurance that never expires and earns cash value.
yearly- (or annually-) renewable term · 5-year renewable term · 10-year term · 15-year term · 20-year term · 25-year term · 30-year term · term to a specified age (usually 65)
We break down what whole life and universal life insurance policies are and the important differences between these two types of permanent life insurance.
Permanent life insurance typically lasts your entire life and includes a cash value component, but coverage can be pricey.