|
Choosing
what insurance is right for you can be a confusing
proposition. Below are a few things to consider
when determining if you need term or permanent
insurance:
How
Do They Compare?
|
Features
|
Term Life
|
Permanent
Life
|
|
Cost
|
Lower
Premium
|
Higher
Premium
|
|
Coverage
|
Limited
Time
|
Lifetime
|
|
Cash
Value
|
None
|
Builds
tax-deferred
|
|
Dividends
|
None
|
Paid
in cash, applied to premium to buy
additional amounts of insurance, or
accumulated with interest
|
|
Loans
|
None
|
Available
on cash value for any purpose
|
|
Benefits
|
Death
Benefits
|
Death
and Living Benefits
|
For assistance in determining what type of
insurance is right for you, please call our
Insurance Specialists at 315-451-2249.
|
