Why should I purchase permanent insurance?
If you have the above question .. I would say why not ??
A permanent life policy provides lifelong insurance protection. The policy pays a death benefit if you die tomorrow or if you live to be a hundred. (hundred.. hummm :-))...
Let me give you some more facts -
- You can lock the premiums when you purchase the policy (premiums will not increase with your age)
- The policy will accumulate cash savings.
- You can use this cash value to pay your premiums
- Borrow from the insurance company using the cash value in your life insurance as collateral.
Read on some key points on Why should you purchase permanent insurance?
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