Permanent Insurance Current Rates, News & Information
Permanent Life Insurance: Premiums Ever Change?
Posted in Life Insurance , Permanent Insurance
September 22nd, 2009
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Once a policyholder researches, plans and then commits to a permanent life insurance policy, the premiums will not change during the course of the contract.
Permanent Life Insurance Basics
A permanent life insurance policy is a great way for policyholders to provide their heirs with some financial comfort upon their worldly expiration, and can serve as a tool that can be used to build a tidy nest egg. During the initial stages of setting up the permanent life insurance policy, investment options and benefit amounts are determined. Based on that information, a monthly premium is determined and part of the money goes towards the insurance while a fraction is applied toward the investment portion. The permanent life insurance premium will never change. 
FAQ: Is There a Term Limit for Universal Life Insurance?
Posted in Life Insurance , Permanent Insurance , Universal Life Insurance
September 16th, 2009
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Universal life insurance is a type of life insurance policy that you put your money into that builds up a cash value that you can withdraw should you need to, as long as there is money left in the account to pay for your universal life insurance needs. Universal life insurance is a kind of permanent life insurance, as opposed to term insurance. Term insurance has time limits – one year, two years, five years, etc. – that you can pick and choose depending on your needs. With universal life insurance, you are committing to an open-ended life insurance policy that will last for the rest of your life. The money you accrue in your universal life insurance plan is sensitive to market rates.
Universal Life Insurance is Permanent
Posted in Life Insurance , Permanent Insurance , Universal Life Insurance
September 8th, 2009
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With life insurance, you will be protecting your family should you die, because your life insurance policy will give them a sum of cash in order to get by without you. While it’s never very much fun to contemplate your guaranteed mortality, it’s even more unpleasant to imagine your loved ones without your income to support them. But which type of policy to get? One kind of life insurance that many people take advantage of is universal life insurance. Universal life insurance takes your monthly premium and pays interest on it.
Maximum Payouts for Permanent Life Insurance
Posted in Life Insurance , Permanent Insurance
August 28th, 2009
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Life insurance is a necessary tool for ensuring that your loved ones will be financially covered when your are no more. Permanent life insurance is just one variation in guaranteeing that your beneficiaries will have a monetary safety net to help them cope when you’re gone. In 2004, life insurance providers altered their underwriting procedures so the maximum payout amount for permanent life insurance can stretch into the millions of dollars.
Can Permanent Life Insurance Expire?
Posted in Life Insurance , Permanent Insurance
August 24th, 2009
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As the name implies, permanent life insurance is exactly that.Whether a person buys a permanent life insurance policy at age 0 or age 99, the policy will never expire. However, the policy can be canceled if premiums are not paid in a timely fashion, or if something is done to bar a benefits payout.
What is Permanent Life Insurance?
Posted in Life Insurance , Permanent Insurance
August 5th, 2009
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Dictionary.com defines permanent (when used as a adjective) as:
- existing perpetually; everlasting, esp. without significant change
- intended to exist or function for a long, indefinite period without regard to unforeseeable conditions: a permanent employee; the permanent headquarters of the United Nations
- long-lasting or nonfading: permanent pleating; permanent ink
Why Choose Permanent Life Insurance?
Posted in Life Insurance , Permanent Insurance , Term Insurance
June 16th, 2009
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Choosing life insurance can be a challenging decision as there are a variety of options out there to suit the needs of the general public at large. When comparing term life versus permanent life insurance, each type has their pros and cons. The biggest con against permanent life insurance is the actual cost associated with securing and maintaining a policy. However, once you figure out how to leap the financial hurdle, there are many reasons to choose a permanent life insurance policy.
Compare Life Insurance: Universal vs. Variable
Posted in Life Insurance , Life Insurance Quotes , Permanent Insurance , Universal Life Insurance , Variable Life Insurance
April 29th, 2009
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Is choosing between universal life insurance and variable life insurance on your mind? Before you stress out over which type you should purchase, it’s good to take a closer look at their features.
Compare Life Insurance: Whole vs. Variable
Posted in Life Insurance , Life Insurance Quotes , Permanent Insurance , Universal Life Insurance , Variable Life Insurance , Whole Life Insurance
April 27th, 2009
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When comparing life insurance policies, you may find yourself having to choose between whole life and variable life. If this is the case, it’s good to know as much about the two types as possible so that when the time comes to choose, you’ll be well-informed.
Does Permanent Life Insurance Have a High Payout?
Posted in Life Insurance , Permanent Insurance
April 21st, 2009
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Permanent life insurance has the potential to have extremely high payouts to the beneficiaries. Of course, this is dependent on if the policy has been paid up to date by the time the policyholder has died, or if there are loans against the policy that are smaller then the actual death benefit amount.